A company whose profits are distributed in proportion to the amount of business each participant does with the company. Examples include federal savings and loan associations, state-chartered mutual savings banks, and mutual insurance companies.
Related information about mutual company:
- Mutual organization - Wikipedia, the free encyclopedia
The primary form of financial business set up as a mutual company in the United States has been mutual insurance. Some insurance companies are set up as ...
- Mutual insurance - Wikipedia, the free encyclopedia
[edit] Bermuda. Oil Insurance Limited; Oil Casualty Insurance, Ltd. [edit] Denmark. Tryg (owned 60 % by the mutual company Tryghedsgruppen). [edit] Canada ...
- Mutual Company Definition | Investopedia
A private company whose ownership base is made of its clients or policyholders. The defining feature of a mutual company is since its customers are also its ...
- Mutual Company Advantages | Northwestern Mutual
As a mutual company, Northwestern Mutual provides four key values to its policyholders.
- Mutual company - Legal Dictionary - The Free Dictionary
A corporation in which members are the exclusive shareholders and the recipients of profits distributed as dividends in proportion to the business that such ...
- Mutual Company
The mutual company form of organization was once common in several sectors of the financial industry, but is less common today.
- What is mutual company? - BusinessDictionary.com
Definition of mutual company: Firm (such as a mutual insurance company) established for the benefit of its shareholders who are called members, and receive ...
- What is mutual company? definition and meaning - InvestorWords.com
Definition of mutual company: A company whose profits are distributed in proportion to the amount of business each participant does with the company.