- demutualises, demutualising, demutualisedIf a building society or insurance company demutualises, it abandons its mutual status and becomes a limited company. [BRIT, BUSINESS]
97 per cent of the group's members support its plans to demutualise. [Also V n]Derived words:demutualisation [[t]di͟ːmjuːtʃuəlaɪze͟ɪʃ(ə)n[/t]] N-UNCOUNT
Policyholders voted for demutualisation.
English dictionary. 2008.
Look at other dictionaries:
demutualise — /diˈmjutʃuəlaɪz/ (say dee myoohchoohuhluyz) verb (i) (demutualised, demutualising) (of an organisation) to cease to be a mutual society owned by its members and become a public company owned by its shareholders. Also, demutualize.… … Australian English dictionary
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