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LSDefine

Simple English definitions for legal terms

mutual fund

Read a random definition: meritorious consideration

A quick definition of mutual fund:

A mutual fund is like a big piggy bank that lots of people put their money into. The people who run the piggy bank are really good at investing the money to make more money. They spread the money out into different things like stocks and bonds to make sure they don't lose all the money if one thing goes down. There are two types of piggy banks: one where you can take your money out anytime you want, and one where you can only trade with other people. The government makes sure the piggy banks follow rules to protect the people who put their money in.

A more thorough explanation:

A mutual fund is a type of investment where a group of investors pool their money together to buy a collection of stocks, bonds, and other securities. The mutual fund is managed by a professional team who aim to make a profit for the investors.

There are two types of mutual funds:

Mutual funds are often diversified, meaning they invest in a variety of different securities to reduce risk and maximize profits. For example, a mutual fund might invest in stocks from different industries, bonds from different companies, and futures contracts.

All mutual funds are subject to federal regulations, including the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Company Act of 1940. The Securities and Exchange Commission (SEC) monitors mutual funds to ensure they comply with these regulations.

Imagine a mutual fund called the "Tech Stock Fund." This fund might invest in stocks from different technology companies, such as Apple, Microsoft, and Amazon. By investing in a variety of tech stocks, the mutual fund reduces the risk of losing money if one company performs poorly. If the tech industry as a whole performs well, the mutual fund will make a profit for its investors.

mutual assent | Mutual Material Mistake

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19:42
it was hard to not improve it. google search was terrible due to the ads and seo cheaters with buzz words and alt text
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
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