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单词 Mutual benefit association
释义

Mutual benefit association

英语百科

Mutual organization

(重定向自Mutual benefit association)

A mutual, mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality. Unlike a true cooperative, members usually do not contribute to the capital of the company by direct investment, but derive their right to profits and votes through their customer relationship. A mutual organization or society is often simply referred to as a mutual.

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