Mutual Fund Redemptions
Term · Finance and investing · MLC-T-FIN-000256
Mutual fund shares are redeemable, meaning investors can sell shares back to the fund on any business day. A mutual fund generally must pay redemption proceeds to a shareholder within seven days of receiving a redemption request from the shareholder.
| Identifier | MLC-T-FIN-000256 |
|---|---|
| Field | Finance and investing |
| References | SEC Investor.gov Glossary |
Record as JSON
{
"id": "MLC-T-FIN-000256",
"term": "Mutual Fund Redemptions",
"field": "Finance and investing",
"definition": "Mutual fund shares are redeemable, meaning investors can sell shares back to the fund on any business day. A mutual fund generally must pay redemption proceeds to a shareholder within seven days of receiving a redemption request from the shareholder.",
"references": [
"SEC Investor.gov Glossary"
],
"url": "https://mlchart.com/terminology/finance/mutual-fund-redemptions/"
}
Record 256 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.