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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Growth Fund

Definition:

See growth investor. A Growth Fund is just an agglomeration of a bunch of growth stocks. Or at least what the manager who put the fund together perceived as being growth stocks. AOL was a growth stock for a decade. A lot of people thought it was a growth stock in 1999. But then it turned out that it was a shrinkage stock. Who knew?