demutualise

[[t]di͟ːmju͟ːtʃuəlaɪz[/t]]
demutualises, demutualising, demutualised
If 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:

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