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mutual societies
plural of mutual society
mutual society
mutual organizations
mutual organization
(finance) An organization in which members do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship.
anarcho-mutualism
(economics) The independent possession, by every individual, of the means of production, in a free market with minimal interest rates.
mutual wills
plural of mutual will
mutual masturbations
mutual assured destruction
(politics, public policy, military) The threat of massive retaliation using nuclear weapons should a potential enemy use them first, both sides being annihilated in the event of war.
mutual savings bank
A financial institution chartered by a central or regional government, without capital stock, that is nominally owned by its members, who subscribe to a common fund.
mutual admiration society
(idiomatic, derogatory) A group of two or more people, in a workplace or other social environment, who routinely express considerable esteem and support for one another, sometimes to the point of exaggeration or pretense.
