- demutualize
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/dee myooh"chooh euh luyz'/, v.t., demutualized, demutualizing.to convert (a mutual life-insurance company) to a stockholder-owned corporation.Also, esp. Brit., demutualise.[DE- + MUTUALIZE]
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Universalium. 2010.
demutualize
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demutualize — de‧mu‧tu‧a‧lize [ˌdiː mjuːtʆuəlaɪz] also demutualise verb [intransitive, transitive] FINANCE if a mutual company, such as a life insurance company or a building society, demutualizes or is demutualized, it obtains the agreement of the people who… … Financial and business terms
demutualize — v. To convert a mutual insurance firm from a policyholder owned company to a publicly traded stock company. Example Citation: Toronto based Sun Life is the third of Canada s largest mutual insurance companies to announce plans to demutualize.… … New words
demutualize — or demutualise di: mju:tʃʊəlʌɪz, tjʊə verb change (a mutual organization such as a building society) to one of a different kind. Derivatives demutualization noun … English new terms dictionary
demutualize — /dee myooh chooh euh luyz /, v.t., demutualized, demutualizing. to convert (a mutual life insurance company) to a stockholder owned corporation. Also, esp. Brit., demutualise. [DE + MUTUALIZE] … Useful english dictionary
Demutualization — is the process by which a customer owned mutual organization (mutual) or co operative changes legal form to a joint stock company.[1] It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual… … Wikipedia
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