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imported>Doug Williamson |
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| 1. ''Organisational structures.'' | | 1. |
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| An organisation owned and controlled by its customers - who are members of the mutual organisation - although day to day management will often be undertaken by professional managers, especially in larger mutuals.
| | Non-Bank Financial Institution. |
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| Building societies and credit unions are mutual organisations.
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| | 2. |
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| The members do not normally contribute directly to the capital of the organisation.
| | Less commonly, Non-Bank Financial Intermediary. |
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| Rather, they derive their rights to vote and to surpluses, from their customer relationship.
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| | | == See also == |
| 2. ''Adjective.''
| | * [[Anti money laundering]] |
| | | * [[Bank]] |
| Agreed by, or affecting, both parties to a contract or other arrangement.
| | * [[DTLB]] |
| | | * [[Financial intermediary]] |
| | | * [[Shadow banking]] |
| ==See also== | |
| *[[Building society]] | |
| *[[Credit union]]
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| *[[Employee Ownership Association]]
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| *[[Member]] | |
| *[[Mutual break]] | |
| *[[Mutual fund]] | |
| *[[Shareholder]] | |
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| [[Category:The_business_context]]
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Revision as of 19:21, 10 August 2016
1.
Non-Bank Financial Institution.
2.
Less commonly, Non-Bank Financial Intermediary.
See also
