Also called a Self-Homologous Point. If two Similar figures lie in the plane but do not have parallel sides (they are not Homothetic), there exists a center of similitude which occupies the same homologous position with respect to the two figures. The Locus of similitude centers of two nonconcentric circles is another circle having the line joining the two homothetic centers as its Diameter.
There are a number of interesting theorems regarding three Circles (Johnson 1929, pp. 151-152).
References
Johnson, R. A. Modern Geometry: An Elementary Treatise on the Geometry of the Triangle and the Circle. Boston, MA:
Houghton Mifflin, pp. 19-27 and 151-153, 1929.