noun
- plural of mutualization; the process or act of making something mutual or converting an organization (especially a company or insurance firm) into a mutual structure owned by its members or policyholders
Usage: commonly used in finance and business contexts; often refers to insurance companies or financial institutions
Examples
- The mutualizations of several insurance companies in the 1990s shifted ownership from shareholders to policyholders.
- Financial regulators studied the effects of mutualizations on market stability.
- Many credit unions resulted from mutualizations of savings and loan associations.
- The board approved the mutualization process, which would benefit all members equally.
- Mutualizations in the banking sector have increased member participation in governance.