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mutual society
noun
A mutual organization.
Exact(15)
The marriage vows, he says, are about mutual society, human relationships.
The mutual society between Davies and McEnery is evident in their daily lives.
Demutualisation would mean the end of 80 years as a mutual society.
It is one of the most interesting phenomena of our times, a kind of global mutual society.
GLL is a mutual society and is owned and managed by its members, all of whom are employees.
Eat your heart out, Rupert.A third idea involves setting up something like a mutual society, which would vest ownership in the licence-fee payers.
Similar(44)
Mutual societies are spreading to the public sector.
One of the government's favourite think-tanks, Demos, published a pamphlet lauding mutual societies last year.
Since most life insurers are not listed companies but mutual societies, disclosure standards are poor.
Over the past decade a number of mutual societies have demutualised, often resulting in windfalls worth thousands of pounds for members.
But she said trade unions and mutual societies should be taking the lead, rather than private companies intent on making more profit from the energy market.
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