English Dictionary |
INDEX FUND
Pronunciation (US): | (GB): |
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Dictionary entry overview: What does index fund mean?
• INDEX FUND (noun)
The noun INDEX FUND has 2 senses:
1. a mutual fund whose assets are stocks on a given list
2. a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
Familiarity information: INDEX FUND used as a noun is rare.
Dictionary entry details
Sense 1
Meaning:
A mutual fund whose assets are stocks on a given list
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("index fund" is a kind of...):
mutual fund (the pooled money that is invested in assets)
Sense 2
Meaning:
A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("index fund" is a kind of...):
mutual fund; mutual fund company; open-end fund; open-end investment company (a regulated investment company with a pool of assets that regularly sells and redeems its shares)
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