/ Dictionary / Index M mutual savings bank: Meaning and Definition of Find definitions for: mu'tual sav'ings bank" Pronunciation: [key] a noncapitalized savings bank that distributes its net earnings to depositors. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. mutually exclusive mutuel Related Content Daily Word Quiz: voracious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language