mutual

/ˈmjuːtʃuəl/
adjective
  1. Experienced or done by two or more people or groups in the same way; shared between them.
    • We have a mutual friend who introduced us at the party.
    • The feeling of respect between the two coaches was mutual.
    • They ended their argument with a mutual agreement to disagree.
  2. Of or relating to a type of company or organization that is owned by its members, not by outside investors.
    • Mutual banks often offer lower fees than large commercial banks.
    • The insurance company is a mutual, so policyholders share in the profits.
    • She invested in a mutual fund to save for retirement.
noun
  1. A mutual fund or other mutual organization.
    • She chose a conservative mutual for her first investment.
    • The mutual paid out dividends to all its members this year.
    • He put his savings into a mutual that focuses on technology stocks.
What does "mutual" mean? | whatsthatwordmean | whatsthatwordmean