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Glite Dictionary
🤝 Becoming member-owned 🔗 Sharing responsibility
mutualization

mutualization

8.2
Changing a company so its members own and control it
  • noun
  • /ˌmjuːtʃuəlaɪˈzeɪʃən/
  • Specialized
translation icon : mutualización
  • After the mutualization process, all members of the credit union became stakeholders in the organization.

Examples

  • The mutualization of the insurance company allowed policyholders to share the profits more equitably.

  • The community supported the mutualization of the library, enabling locals to have a say in its management.

  • Aside from the fact that a little inflation around 2 percent wouldn't be such a bad thing anyway, the results of not pursuing a more drastic mutualization approach might well be far worse for them than they are now as the entire Eurozone collapses along with the world markets.

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Antonyms

privatization
  • US
61 6.7

Selling a public company or service to private owners

How Member-Owned

cooperative
27 3.4
mutualization
  • Specialized
8.2

Surface Forms

mutualization singular
mutualizations plural

Morphology

mutualization = mutualize (semi-transparent) = mutual + ize + ation

A standard nominalization: the verb 'mutualize' + '-ation' yields the process noun 'mutualization'.

Etymology

Mutualization comes from mutual ('shared between two or more people') and the ending -ization ('the process of making'), so a helpful image is turning a company into something members share. This is why mutualization means the process of making a business owned and run by its members.