mutualize

American  

[myoo-choo-uh-lahyz] / ˈmyu tʃu əˌlaɪz /

especially British, mutualise

verb (used with object)

mutualized, mutualizing

1. to make mutual.

2. to organize (a company) on a mutual model, in which members share profits, losses, expenses, etc..

   The office-supply company will be mutualized in the next fiscal year.

3. to share (profits, losses, etc., incurred by one member of a group) equally among all members.

   The officials refused to mutualize the European Union debt.

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verb (used without object)

mutualized, mutualizing

1. to become mutual.

2. to become a mutual company.

mutualize British  

/ ˈmjuːtʃʊəˌlaɪz /

verb

1. to make or become mutual

2. (tr) to organize or convert (a business enterprise) so that customers or employees own a majority of shares

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Other Word Forms

• mutualization noun
• unmutualized adjective

Etymology

Origin of mutualize

First recorded in 1805–15; mutual + -ize

Example Sentences

“Euro bonds to tackle the coronavirus will not erase or mutualize previous debts,” read the Italian translation of the letter posted on Twitter by European Parliament member Carlo Calenda, one of the signatories.

From Reuters

Italy’s confusion about its political and economic future — and its already large stock of nonperforming loans — are more reasons Germany will continue to refuse to mutualize eurozone debt and provide bank deposit guarantees across the eurozone.

From New York Times

“What we don’t want is, so to speak, to mix up liabilities and responsibility, or rather to simply mutualize debt, without becoming competitive,” she said.

From The Wall Street Journal

In that case, the solution would lie in boosting domestic demand in Germany and finding ways to write off or mutualize some of the debt overhang in the crisis countries.

From Reuters

Some ministers supported euro bonds that would mutualize debt in the euro area, a common deposit insurance program, and a European system for winding up failing banks, the paper says.

From New York Times