What is another word for MUTUAL SOCIETY?
Pronunciation: [mjˈuːt͡ʃuːə͡l səsˈa͡ɪ͡əti] (IPA) 
A mutual society is an organization that is owned and operated by its members. The term "mutual society" can be used interchangeably with other terms such as "cooperative," "mutual aid society," or "not-for-profit organization." A cooperative is a type of mutual society that is structured around a shared ownership model, where members have a say in decision-making and collectively share in the benefits of the organization. Mutual aid societies are organized to provide support, such as financial assistance or social services, to their members in times of need. Not-for-profit organizations are similar to mutual societies in that they prioritize meeting their social or charitable goals over generating profits for investors or owners.
