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Mutual Definition–adjective | 1. | possessed, experienced, performed, etc., by each of two or more with respect to the other; reciprocal: to have mutual respect. | | 2. | having the same relation each toward the other: to be mutual enemies. | | 3. | of or pertaining to each of two or more; held in common; shared: mutual interests. | | 4. | h
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aving or pertaining to a form of corporate organization in which there are no stockholders, and profits, losses, expenses, etc., are shared by members in proportion to the business each transacts with the company: a mutual company. | –noun | 5. | Informal. a mutual fund. | | From Dictionary
Fund Definition–noun | 1. | a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund. | | 2. | supply; stock: a fund of knowledge; a fund of jewels. | | 3. | funds, money immediately available; pecuniary resources: to be momentarily without funds. | | 4. | an organization created to administer or manage a fund, as of money invested or contributed for some special purpose. | –verb (used with object) | 5. | to provide a fund to pay the interest or principal of (a debt). | | 6. | to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds. | | 7. | to allocate or provide funds for (a program, project, etc.). | | From Dictionary
Related topics from Britannicamutual fund company that invests the funds of its subscribers in diversified securities and in return issues units representing shares in those holdings. It differs from the investment trust (q.v.), which issues ...
marketing Place, or where the product is made available, is the third element of the marketing mix and is most commonly referred to as distribution. When a product moves along its path from producer to ...
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Cornfeld, Bernard U.S. financier (b. Aug. 17, 1927, Istanbul, Turkey--d. Feb. 27, 1995, London, England), was the flamboyant jet-setting head of Investors Overseas Services (IOS) and its Fund of Funds, a Geneva-based ...
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investment trust financial organization that pools the funds of its shareholders and invests them in a diversified portfolio of securities. It differs from the mutual fund, or unit trust, which issues units ...
business organization Besides the partnership and the company or corporation, there are a number of other forms of business association, of which some are developments or adaptations of the partnership or company, some ...
Economic Affairs The Canadian stock market performed well in 1997 as the economy grew at a higher rate than had been forecast. There was an undercurrent of concern in the market because of the inflation threat, but ...
Spitzer, Eliot In 2004 Eliot Spitzer, the crusading New York state attorney general, continued to venture where few others dared to tread with his investigation of suspected malfeasance in the upper echelons of the ...
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