Mutual: Difference between revisions
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An organisation owned and controlled by its customers, although day to day management will often be undertaken by professional managers, especially in larger mutuals. | An organisation owned and controlled by its customers, although day to day management will often be undertaken by professional managers, especially in larger mutuals. | ||
Building societies are mutual organisations. | Building societies and credit unions are mutual organisations. | ||
==See also== | ==See also== | ||
*[[Building society]] | *[[Building society]] | ||
*[[Credit union]] | |||
*[[Mutual fund]] | *[[Mutual fund]] | ||
*[[Shareholder]] | *[[Shareholder]] | ||
Revision as of 12:36, 13 August 2016
An organisation owned and controlled by its customers, although day to day management will often be undertaken by professional managers, especially in larger mutuals.
Building societies and credit unions are mutual organisations.
