Insubordinate; disposed to mutiny; tending to incite or encourage mu- tiny.

n criminal law . An insurrection of soldiers or seamen against the authority of their commanders; a sedition or revolt in the army or navy. See The Sta- cey Clarke […]

Interchangeable; reciprocal; each acting in return or correspondence to the other; given and received; spokeu of an engagement or relation in which like duties and obligations are exchanged. “Mutual” is […]

the term given to an account where the transactions are between 2 people u til a time when debts and credits are balanced.

Each partner’s right in a partnership to act as an agent in normal partnership business operations. Each has responsibility for their partners’ business related actions. Personal actions are excluded.

The meeting of the minds of both or ail the parties to a contract; the fact that each agrees to all the terms and conditions , in the same sense […]

Owned by its depositors and sometimes borrowers, who are referred to as members in a saving and loan association . The members elect directors to its board of trustees . […]

Mutual insurance companies’ group providing liability policies’ reinsurance covering private nuclear energy reactors. Only a pool can possibly write this type of insurance.

Members receive benefits from this type of association . No regular premiums are paid under this benefit plan. with Each loss requires that an assessment be made when it occurs.

the term that applies to a non-profit organisation that is set up to benefit its members such as in times of sickness, life insurance benefits etc.

is one into which both the parties enter voluntarily; it implies a common intent to fight, but not necessarily an exchange of blows. Aldrige v. ‘State, 59 Miss. 250; Tate […]

Firm like a mutual insurance company that is established for its shareholders’ benefit. Shareholders are called members. In proportion to the business amount done with the firm, the firm’s profits […]

Money due on both sides between two persons.

Managed by finance professionals, a chosen and balanced set of securities are sold to the public, raising capital by selling shares known as units in this specific type of investment […]

Invested mutual funds total that can be readily converted to cash. A low ration finds the fund manager predicting a higher stock yield based on market prices to encourage investors. […]

A firm managing a mutual fund ‘s securities and instrument portfolio.

A fund manager’s hired assistant in managing investment portfolios. A sub-advisor works outside of the fund itself as a money manager . With the goal of reaching specific objectives, sub-advisors […]

An incorporated insurer that still provides the policyholders with dividends, but does not have incorporated capital belonging to the policyholders.

Coverage written by an incorporated insurer that still provides the policyholders with dividends, but does not have incorporated capital belonging to the policyholders.

Misunderstanding involving every party in a contract in this specific type of situation. The contract’s validity is not effected by a superficial mutual mistake . A contract is voided if […]

An agreement where two exchanges can be goverened under one contract.

Another state’s acceptance of one state’s standard certification . The United States and European Union rely on mutual standards’ acceptance across countries. Standardized weights and measures are an additional directive […]

Savings institutions mutually owned by their investors. These investors are paid dividends on earnings and profit, but get no stock.

A building society or friendly society are examples of this type of member-owned organization managed for their benefit.

Reciprocation; interchange. An acting by each of two parties; an acting In return. In every agreement the parties must, as regards tlie principal or essential part of the transaction , […]