mu·​tu·​al ˈmyü-chə-wəl -chəl, -chü-əl; ˈmyüch-wəl

(adj) a: directed by each toward the other or the others, b: having the same feelings one for the other, c : shared in common, d : JOINT e: of or relating to a plan whereby the members of an organization share in the profits and expenses; specifically: of, relating to, or taking the form of an insurance method in which the policyholders constitute the members of the insuring company.