ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
MUTUAL FUND Definition
MUTUAL FUND, according to the SEC, is a company that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.
Learn new Accounting Terms
DISBURSE/DISBURSEMENT is the paying out of money to satisfy a debt or an expense.
BRIDGE LOAN (BRIDGING LOAN) is an equity loan secured to solve short-term financing problem.
