Frequency: The word is one of the 3000 most common words in English.
1.
You use ~ to describe a situation, feeling, or action that is experienced, felt, or done by both of two people mentioned.
The East and the West can work together for their ~ benefit and progress...
It’s plain that he adores his daughter, and the feeling is ~.
ADJ
~ly
Attempts to reach a ~ly agreed solution had been fruitless...
see exclusive
ADV: ADV adj/adv, ADV before v
2.
You use ~ to describe something such as an interest which two or more people share.
They do, however, share a ~ interest in design...
We were introduced by a ~ friend.
ADJ: usu ADJ n
3.
If a building society or an insurance company has ~ status, it is not owned by shareholders but by its customers, who receive a share of the profits. (BRIT BUSINESS)
Britain’s third largest building society abandoned its ~ status and became a bank.
ADJ: ADJ n