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mutualize
[ myoo-choo-uh-lahyz ]
verb (used with object)
, mu·tu·al·ized, mu·tu·al·iz·ing.
- to make mutual.
- 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.
- 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.
- to become mutual.
- to become a mutual company.
mutualize
/ ˈmjuːtʃʊəˌlaɪz /
verb
- to make or become mutual
- tr to organize or convert (a business enterprise) so that customers or employees own a majority of shares
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Derived Forms
- ˌmutualiˈzation, noun
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Other Words From
- mutu·al·i·zation noun
- un·mutu·al·ized adjective
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Word History and Origins
Origin of mutualize1
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Example Sentences
Vanguard founder Jack Bogle mutualized his company, making it client-owned, and brought index funds to the masses mainly because he lost a boardroom battle.
From Quartz
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