Definition, Meaning & Synonyms
mutualize
verb
/ˈmjuːtʃuəlaɪz/
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Definition
To convert something into a shared or mutual form, especially in the context of ownership or responsibility.
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Examples
- The cooperative sought to mutualize resources among its members to enhance productivity.
- By choosing to mutualize their risk, the businesses were able to stabilize during economic downturns.
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Meaning
Mutualize refers to the process of transforming an organization or entity to be owned or benefited by all stakeholders collectively, promoting a sense of shared interest or commonality.
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Synonyms
- Cooperate
- Share
- Joint ownership
- Collaborate