What is Mutualize?

Mutualize definition and meaning on Dictionary terms:
verb (used with object), muA.tuA.alA.ized,
to make mutual.
to organize (a company) on a mutual model, in which members share profits, losses, expenses, etc.: The office-supply company will be mutualized in the next fiscal year.
to share (profits, losses, etc., incurred by one member of a group) equally among all members: The officials refused to mutualize the European Union debt.

verb (used without object), muA.tuA.alA.ized,
to become mutual.
to become a mutual company.