A mutual fund

is a financial market where small firms mutually agree to sell stocks and

bonds to raise funds.

is an institution that sells shares to the public and uses the proceeds to

buy a selection of various types of stocks, bonds, or both stocks and

bonds.

is funds set aside by local governments to lend to small firms who want to

inwest in projects that are mutually beneficial to the firm and community.

sell stocks and bonds on behalf of small and less known firms who would

otherwise have to pay high interest to obtain credit.