ENGLISH DICTIONARY

Nonmutual

Definition, Meaning & Examples

Part of speech adjective

Quick meaning: Nonmutual is an adjective meaning Not mutual; having two or more different aspects, beliefs, personalities, etc. partially or completely dissimilar from or to each other.

Meaning

Not mutual; having two or more different aspects, beliefs, personalities, etc. partially or completely dissimilar from or to each other.

Example Sentences

In the nonmutual associations it is possible to determine precisely how long a time will elapse before the entire debt is discharged, and exactly the cost to the borrower.
This section shall not apply to any stock life insurance corporation which on or after the first day of January, nineteen hundred and seven, shall transact and shall represent itself as transacting its business exclusively upon a nonmutual basis and shall after said date issue only nonparticipating policies.

Related Words

Related dictionary entries include unmutualized, nonmutualistic, unreciprocal, nonreciprocal, irreciprocal, nonunilateral.

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Sources & Attribution

FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0

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