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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 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 mutuality and governed by private law.
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 ]
A mutual fund is an investment that allows individuals to pool their money along with other investors and invest in a collection of securities such as stocks and bonds.
The "mutual holding company" structure was first introduced in Iowa in 1995, and has spread since then. [5] There have been concerns that the mutual holding company conversion is disadvantageous for the owners of the company, the policyholders. [6] The major disadvantage of mutual insurance companies is the difficulty of raising capital. [7]
Mutualism, also known as the movement of mutuals and the mutualist movement, is a social movement that aims at creating and promoting mutual organizations, mutual insurances and mutual funds. According to the prominent mutualist Gene Costa, the movement encourages and assists the provision of mutual benefits against risks to those accessing its ...
Meeting of the minds (also referred to as mutual agreement, mutual assent, or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract.
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