mutual entity

An entity, other than an investor-owned entity, that provides dividends, lower costs or other economic benefits directly to its owners, members or participants. For example, a mutual insurance company, a credit union and a co-operative entity are all mutual entities.

(According to International Accounting Standards IFRS 3)

Article ID: 2078
Last updated: 16 Feb, 2022
Bản cập nhật: 1
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