mutual company

mutual company
company that does not have stock capital, company whose profits are divided among its holders according to the percentage of their investment

English contemporary dictionary. 2014.

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  • mutual company — see company Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. mutual company …   Law dictionary

  • mutual company — A corporation that is owned by a group of members and that distributes income in proportion to the amount of business that members do with the company. Bloomberg Financial Dictionary * * * mutual company mutual company ➔ company …   Financial and business terms

  • Mutual Company — A private company whose ownership base is made of customers. Also referred to as a co operative . Very common in the insurance industry, mutual companies have account holders who receive distributions based upon the extent of their exposure and… …   Investment dictionary

  • mutual company — / mju:tʃuəl ˌkʌmp(ə)ni/ noun same as mutual insurance company …   Dictionary of banking and finance

  • mutual company — Synonyms and related words: accident insurance, actuary, annuity, assurance, aviation insurance, bail bond, bond, business life insurance, casualty insurance, certificate of insurance, court bond, credit insurance, credit life insurance,… …   Moby Thesaurus

  • MUTUAL COMPANY — компания, прибыль которой распределена в пропорции с размерами бизнеса, который каждый участник делает с компанией; …   Глоссарий финансовых и биржевых терминов

  • Mutual of Omaha — Insurance Company Type Mutual company Industry Finance, Insurance Founded 1909 …   Wikipedia

  • Mutual of America — Life Insurance Company Type Mutual Industry Insurance: Life Founded 1945 …   Wikipedia

  • 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 …   Financial and business terms

  • Mutual insurance — A mutual insurance company is an insurance company which has no shareholders but instead is owned entirely by its policyholders. The primary form of financial business set up as a mutual company in the United States has been mutual insurance.… …   Wikipedia

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