mutual company
Definition
Firm (such as a mutual insurance company) established for the benefit of its shareholders who are called members, and receive the firm's profits as dividends in proportion to the amount of business they do with the firm.
mutual company is in the Banking, Commerce & Finance and Investing subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/mutual-company.html
email to a friend print this definition cite this definition