commingled fund
Definition 1
A mutual fund that includes assets from several accounts, pooled together, to reduce management and administration costs; here also called pooled fund.
Definition 2
Money from customer account securities which have been merged with those in a bank or brokerage's own accounts; usually illegal.
A mutual fund that includes assets from several accounts, pooled together, to reduce management and administration costs; here also called pooled fund.
Definition 2
Money from customer account securities which have been merged with those in a bank or brokerage's own accounts; usually illegal.
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