mutual

mutual
mutual mu‧tu‧al [ˈmjuːtʆuəl] adjective [only before a noun]
FINANCE relating to financial institutions, for example some insurance companies and, in Britain, building, where there are no shareholders but where investors receive their share of profits in other forms:

• The insurance company plans to drop itsmutual status to become a public company.

— mutual noun [countable] :

• In insurance, two forms of companies coexist in the UK, mutuals and public liability companies.

— see also demutualize

* * *

Ⅰ.
mutual UK US /ˈmjuːtʃuəl/ adjective [before noun]
used to describe something that is done or felt by all or both people in a group: by mutual agreement/consent »

He has now left the company by mutual agreement.

mutual benefit/advantage »

Firms often do business together for purposes of mutual benefit.

mutual respect/understanding/interest »

Ours will be a partnership based on fairness and mutual respect.

»

a mutual decision

FINANCE used for describing a financial organization that is owned by its members, rather than by shareholders: »

We are a mutual building society and that means we can pay good savings rates to customers instead of paying out dividends to shareholders.

Ⅱ.
mutual UK US /ˈmjuːtʃuəl/ noun [C] FINANCE
(also mutual company) a financial organization such as a building society that is owned by its members, rather than by shareholders: »

Some mutuals converted to banks.

See also DEMUTUALIZE(Cf. ↑demutualize)

Financial and business terms. 2012.

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  • mutual — 1. • That done, our day of marriage shall be yours, One feast, one house, one mutual happiness. Shakespeare, Two Gentlemen of Verona, v.iv.170–1. Until the 19c, mutual was used with little difficulty in two main meanings: (1) that reflected in… …   Modern English usage

  • mutual — mu·tu·al / myü chə wəl/ adj 1: directed by each toward the other: reciprocal mutual orders of protection in domestic violence cases L. H. Schafran and Norman Wikler 2: shared in common …   Law dictionary

  • Mutual — Mu tu*al, a. [F. mutuel, L. mutuus, orig., exchanged, borrowed, lent; akin to mutare to change. See {Mutable}.] 1. Reciprocally acting or related; reciprocally receiving and giving; reciprocally given and received; reciprocal; interchanged; as, a …   The Collaborative International Dictionary of English

  • Mutual — may refer to: Mutual organization, where customers derive a right to profits and votes Mutual information, the intersection of multiple information sets Mutual insurance, where policyholders have certain ownership rights in the organization… …   Wikipedia

  • mutual — MUTUÁL, Ă, mutuali, e, adj. Care se face în mod reciproc şi simultan. ♦ Inducţie mutuală = inducţie electromagnetică exercitată reciproc între două circuite străbătute de curenţi electrici variabili. ♦ (impr.) Care are loc reciproc şi fără… …   Dicționar Român

  • mutual — [myo͞o′cho͞o əl] adj. [LME mutuall < MFr mutuel < L mutuus, mutual, reciprocal < mutare, to change, exchange: see MISS1] 1. a) done, felt, etc. by each of two or more for or toward the other or others; reciprocal [mutual admiration] b)… …   English World dictionary

  • Mutual — ist der Name mehrerer Orte in den Vereinigten Staaten: Mutual (Maryland) Mutual (Ohio) Mutual (Oklahoma) Mutual (Pennsylvania) Mutual (Utah) Diese Seite ist eine Begriffsklärung zur Unterscheidung mehrerer mit demselben Wort bezeichneter Be …   Deutsch Wikipedia

  • Mutual — Mutual, OH U.S. village in Ohio Population (2000): 132 Housing Units (2000): 51 Land area (2000): 0.136140 sq. miles (0.352600 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.136140 sq. miles (0.352600 sq. km) …   StarDict's U.S. Gazetteer Places

  • mutual — ► ADJECTIVE 1) experienced or done by each of two or more parties towards the other or others. 2) (of two or more parties) having the same specified relationship to each other. 3) held in common by two or more parties. 4) (of a building society… …   English terms dictionary

  • Mutual FC — Voller Name Mutual Football Club Ort Hong Kong Gegründet …   Deutsch Wikipedia

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