noun
Meaning 1
An investment fund traded on stock exchanges, much like stocks.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
Examples
- The first exchange-traded fund was launched in the early 1990s to track the S&P 500.
- Many retail investors prefer an exchange-traded fund over a mutual fund due to the intraday liquidity.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Broader terms: fund