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Meaning of “mutual” in the English Dictionary

(Definition of mutual from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"mutual" in American English

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mutualadjective [not gradable]

 us   /ˈmju·tʃu·əl/
(of two or more people or groups) feeling the same emotion, or doing the same thing to or for each other: The organization promotes mutual understanding between peoples. We let the subject drop, by mutual agreement.
A mutual friend is someone who is a friend of each of two or more other people: They were gossiping about parties and mutual friends.
(Definition of mutual from the Cambridge Academic Content Dictionary © Cambridge University Press)

"mutual" in Business English

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mutualadjective [before noun]

uk   us   /ˈmjuːtʃuəl/
used to describe something that is done or felt by all or both people in a group: by mutual agreement/consent He has now left the company by mutual agreement.mutual benefit/advantage Firms often do business together for purposes of mutual benefit.mutual respect/understanding/interest Ours will be a partnership based on fairness and mutual respect. a mutual decision
FINANCE used for describing a financial organization that is owned by its members, rather than by shareholders: We are a mutual building society and that means we can pay good savings rates to customers instead of paying out dividends to shareholders.

mutualnoun [C]

uk   us   /ˈmjuːtʃuəl/ FINANCE
(also mutual company) a financial organization such as a building society that is owned by its members, rather than by shareholders: Some mutuals converted to banks.
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(Definition of mutual from the Cambridge Business English Dictionary © Cambridge University Press)
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“mutual” in British English

“mutual” in Business English

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