Found 1 items, similar to Mutual insurance company.
English → English (gcide) Definition: Mutual insurance company Mutual \Mu"tu*al\, a. [F. mutuel, L. mutuus, orig., exchanged, borrowed, lent; akin to mutare to change. See Mutable.] 1. Reciprocally acting or related; reciprocally receiving and giving; reciprocally given and received; reciprocal; interchanged; as, a mutual love, advantage, assistance, aversion, etc. [1913 Webster] Conspiracy and mutual promise. --Sir T. More. [1913 Webster] Happy in our mutual help, And mutual love. --Milton. [1913 Webster] A certain shyness on such subjects, which was mutual between the sisters. --G. Eliot. [1913 Webster] 2. Possessed, experienced, or done by two or more persons or things at the same time; common; joint; as, mutual happiness; a mutual effort. --Burke. [1913 Webster] A vast accession of misery and woe from the mutual weeping, and wailing, and gnashing of teeth. --Bentley. [1913 Webster] Note: This use of mutual as synonymous with common is inconsistent with the idea of interchange, or reciprocal relation, which properly belongs to it; but the word has been so used by many writers of high authority. The present tendency is toward a careful discrimination. [1913 Webster] Mutual, as Johnson will tell us, means something reciprocal, a giving and taking. How could people have mutual ancestors? --P. Harrison. [1913 Webster] Mutual insurance, agreement among a number of persons to insure each other against loss, as by fire, death, or accident. Mutual insurance company, one which does a business of insurance on the mutual principle, the policy holders sharing losses and profits pro rata. [1913 Webster] Syn: Reciprocal; interchanged; common. [1913 Webster]