# Mutualization
In finance, the *mutualization* of risk is the process of dividing up exposure to potential risk or financial losses among many or all shareholders in a financial structure.

See also [deposit insurance](deposit-insurance.md), [bank run](bank-run.md) and [public goods problem](public-goods-problem.md).

## References
1. Oakland, William H. "Theory of public goods." In Handbook of public economics, vol. 2, pp. 485-535. Elsevier, 1987.
1. Stiglitz, Joseph E. "The theory of local public goods." In The economics of public services, pp. 274-333. Palgrave Macmillan, London, 1977.
1. Roche, Cullen O. 2011. ‘Understanding the Modern Monetary System’. http://ssrn.com/paper=1905625.