Dictionary

Exchange Traded Funds (ETFs)

An ETF is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, ETFs trade like a common stock on a stock exchange. ETFs experience price changes throughout the deal as they are bought and sold. ETFs experience price changes throughout the day as they are bought and sold. Higher daily liquidity and lower fees than mutual find shares.
 

 

Wikipedia: https://en.wikipedia.org/wiki/Exchange-traded_fund