mutualization
/ˌmjuːtʃuələˈzeɪʃən/
noun
- The process of changing a company or organization so that it is owned by its members or customers instead of outside investors.
- The government encouraged the mutualization of local utilities to increase community control.
- The mutualization of the insurance company gave policyholders a say in how it was run.
- After mutualization, the bank became a cooperative owned by its depositors.
- The act of making something shared or common among a group.
- The mutualization of resources helped the small businesses survive the economic crisis.
- Mutualization of debt means that several countries share the financial burden.
- The community discussed the mutualization of childcare costs to make it affordable for everyone.
Antonyms