FT Professional Glossary
ETF
Short for Exchange-Traded Fund: a fund that follows the level of share prices on a stock market, and that is also traded on a market
Example usage from an FT article:
ETFs offered the possibility of positive returns and, as Jordan pointed out, helped to address two of the biggest problems encountered by investors: high fees and not enough diversification.
Excerpt from "ETF savings plans look set to take Europe by storm"
