mutuals
Pronunciation: [ˈmjuːtʃuəlz]
Word
Context: "finance"
(noun) Mutuals are companies that are owned by their members. In this case, members can be people or groups who put their money into the company to get benefits. Instead of making profits for shareholders, mutual companies focus on serving their members.
Example
The local mutual provided excellent insurance coverage for its members.
Example
The mutuals did not offer the same level of service as the larger corporate insurance companies.
Example
How do the benefits of mutuals compare to those of regular insurance companies?
Context: "relationship"
(noun) Mutuals can also refer to a relationship where two parties share feelings or benefits, meaning they both care about each other or support each other. When two friends have mutual respect, it means they both respect one another equally.
Example
They had a mutual understanding that helped strengthen their friendship.
Example
The lack of mutual interests made it hard for them to stay friends.
Example
Do you think there is a mutual feeling of respect between the two colleagues?
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