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A mutual fund is an investment fund that pools money from many investors to purchase securities.The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.
A mutual organization, also mutual society or simply mutual, is an organization (which is often, but not always, a company or business) based on the principle of ...
Mutual may refer to: Mutual organization, where as 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; Mutual fund, a professionally managed form of collective investments
A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative . Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums.
Mutual aid is an organizational model where voluntary, collaborative exchanges of resources and services for common benefit take place amongst community members to overcome social, economic, and political barriers to meeting common needs. This can include physical resources like food, clothing, or medicine, as well as services like breakfast ...
The mutualist principle of reciprocity provided the basis for all its proposed institutions, [30] including mutual aid, mutual credit and mutual insurance. Proudhon considered the perfect expression of mutuality to be a synallagmatic contract of equal exchange between equal individuals . [ 31 ]
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A mutual bank is a cooperative financial institution owned by its depositors or customers. They include mutual organization , mutual savings banks and cooperative banking . Unlike traditional banks , which prioritize shareholder profits, mutual banks focus on serving their members' interests. [ 1 ]