MUTUAL FUNDS


Meaning of MUTUAL FUNDS in English

corporations that accept money from savers and then use these funds to buy stocks,long-term bonds,or short-term debt instuments issued by businesses or government units.

Note: Literally there are thousands of different mutual funds with dozens of different goals and purposes. They are bond funds for those who desire safety, stock funds for savers who are willing to accept significant risks in the hope of higher returns, and still other funds.

Sean Woo's Finance, GIS and real estate English glossary.      Английский глоссарий по ГИС(Географическая информационная система) и недвижимости Sean Woo's Finance.