Mutual | Meaning of mutual
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See here, the meanings of the word mutual, as video and text.
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Having the same relationship, each to each other.
They were mutual enemies.
Collective, done or held in common.
They had mutual fear of each other.
Possessed in common.
They had a mutual love of the same woman.
A mutual fund.
January 24, 2019
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What is MUTUAL SAVINGS BANK? What does MUTUAL SAVINGS BANK mean? MUTUAL SAVINGS BANK meaning
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What is MUTUAL SAVINGS BANK? What does MUTUAL SAVINGS BANK mean? MUTUAL SAVINGS BANK meaning MUTUAL SAVINGS BANK definition MUTUAL SAVINGS BANK explanation.
Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/bysa/3.0/ license.
A mutual savings bank is a financial institution chartered by a central or regional government, without capital stock, that is owned by its members who subscribe to a common fund. From this fund claims, loans, etc., are paid. Profits after deductions are shared between the members. The institution is intended to provide a safe place for individual members to save and to invest those savings in mortgages, loans, stocks, bonds and other securities and to share in any profits or losses that result. The members own the business.
The institution most frequently identified as the first modern savings bank was the \”Savings and Friendly Society\” organized by the Reverend Henry Duncan in 1810, in Ruthwell, Scotland. Rev. Duncan established the small bank in order to encourage his working class congregation to develop thrift. Another precursor of modern savings banks were the ideas Friedrich Wilhelm Raiffeisen that led to rural credit unions and cooperative banks. European voluntary organizations and \”friendly societies\” provided the inspiration for their state incorporated American counterparts.
These first savings banks were envisioned as philanthropic endeavors, designed to uplift the poor and working classes. The banks were started by philanthropists, who took on the positions of savings bank trustees, managers, and directors as opportunities to teach the working class the virtues of thrift, and selfreliance by allowing them the security to save their money. The first incorporated US mutual savings bank was the Provident Institution for Savings, in Boston. Its 1816 charter was the first government legislation in the world to safeguard savings banks. In 2015, the oldest (and largest) mutual bank in the U.S. is Eastern Bank of Boston, with approximately $10 billion in assets. It was chartered in 1818 in Salem, Massachusetts as the Salem Savings Bank.
Since the 1970s, when the industry was deregulated, thousands of mutual savings banks have been converted into stock ownership companies, raising more than $40 billion. In 2010, only about 600 remained. These conversions have often resulted in large financial rewards for top bank executives. Current mutual saving banks include Eastern Bank, Dollar Bank, Ridgewood Savings Bank, Middlesex Savings Bank, and Liberty Bank.
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คลิปรวมเรื่อง X (จริง ๆ นะ) | Point of View
Ambrosino, B. (2014, December 14). The X in Xmas literally means Christ. Here’s the history behind it. Vox. https://www.vox.com/2014/12/14/7374401/jesusxmaschristmas
Before X Was X: The Dark Horse Story Of The 24th Letter. (2021, January 19). Dictionary.Com. https://www.dictionary.com/e/letterx/
Burton, A. (2018, June 13). Why does tech love the letter X? The Outline. https://theoutline.com/post/4919/xwhydoestechlovetheletterx
Cajori, F. (1919). HOW X CAME TO STAND FOR UNKNOWN QUANTITY. School Science and Mathematics, 19(8), 698–699. https://doi.org/10.1111/j.19498594.1919.tb07713.x
Chandra. (2008, April 9). Where does the “X” in “Xray” come from?
Chandra XRay Observatory: NASA’s Flagship Mission for XRay Astronomy. https://chandra.harvard.edu/blog/node/62
Davis, L. (2015, December 16). Why Do We Use The Letter X To Represent The Unknown? Gizmodo. https://gizmodo.com/whydoweusetheletterxtorepresenttheunknown1588933259
Does the Letter Still Rate?; Porn Has The X; Let’s Use An A. (1990, August 5). The New York Times. https://www.nytimes.com/1990/08/05/arts/doestheletterstillratepornhasthexletsuseana.html
Internet agency nixes ‘.xxx’ Web addresses. (2006, May 11). NBC News. https://www.nbcnews.com/id/wbna12728784
Lagarde, P. (1884–1991). Mittheilungen (Vol. 1). Goettingen, Dieterichsche Sovtiments buchhandlung.
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