
MCA (Mutual Central Agency)
Mutual Central Agency (MCA) refers to an organization that acts on behalf of its members, typically in financial or transactional contexts. It facilitates services such as insurance, investment, or purchasing, ensuring that members benefit from collective bargaining power. By pooling resources and risks, the MCA can negotiate better terms and rates than individual members might achieve alone. This model promotes cooperation among members, leading to more efficient operations and cost savings, ultimately enhancing the overall value and services provided to each member.