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mutualize

[ myoo-choo-uh-lahyz ]

verb (used with object)

, mu·tu·al·ized, mu·tu·al·iz·ing.
  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.



verb (used without object)

, mu·tu·al·ized, mu·tu·al·iz·ing.
  1. to become mutual.
  2. to become a mutual company.

mutualize

/ 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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Derived Forms

  • ˌmutualiˈzation, noun
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Other Words From

  • mutu·al·i·zation noun
  • un·mutu·al·ized adjective
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Word History and Origins

Origin of mutualize1

First recorded in 1805–15; mutual + -ize
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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

Eventually, the interference of the Parrish Street Gang in religious affairs led one White Rock minister to protest attempts to “Mutualize” his church.

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.

“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.

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

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