Mutualization Of Risk
Categories: Mutual Funds
See: Mutualization.
You're just sharing the risk among mutual partners to be mutually responsible to have mutual liability, should something go awry. Partners. In good times and in bad, in sickness and in health, in high-margin insurance product with no payouts and in low-margin insurance product with payouts so voluminous they consume all the previous premiums collected.
Partners. Awwww.