mutuel

(redirected from mutuels)

mutuel

(ˈmjuːtjʊəl)
n
(Gambling, except Cards) short for pari-mutuel

par•i-mu•tu•el

or par•i•mu•tu•el

(ˌpær ɪˈmyu tʃu əl)

n.
1. a form of betting on horse races, in which those holding winning tickets divide the total amount bet in proportion to their wagers.
2. Also called pari-mu′tuel machine′. an electronic machine that registers bets in pari-mutuel betting as they are made and calculates and posts the changing odds and final payoffs.
[1880–85; < French: literally, mutual bet]
References in periodicals archive ?
Crdit Mutuels work with Watson is a powerful example of how professionals are working with cognitive technologies to improve their performance and enhance how they interact with customers, said David Kenny, senior vice president, IBM Watson & Cloud Platform.
Crdit Mutuel and IBM announced today that following a successful pilot, the use of Watson technologies is extended to 20,000 employees across 5,000 branches to continue to strengthen customer relationships.
By mid-June, Watson-based solutions will be deployed to client advisors across the 15 federations of Crdit Mutuel throughout France: