index fund

/ˌɪnˈdɛks fənd/
IPA guide

Other forms: index funds

Definitions of index fund
  1. noun
    a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
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    type 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
  2. noun
    a mutual fund whose assets are stocks on a given list
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    type of:
    mutual fund
    the pooled money that is invested in assets
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