Loading words…
Loading words…
Lesson60 seconds
Stands forExchange Traded Fund
A fund that trades on the exchange like a share, often tracking an index.
Hearing this as Like I'm 5™
8 steps left
An Exchange Traded Fund holds a securities basket and lists on the exchange so you buy and sell during market hours at live prices.
Explanation level
Tap a persona to hear the same idea in a totally different voice.
Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.
Notebook
Your notes
Notes save automatically on this device
Knowledge graph