Meaning Of The Word Demutualize

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What's the definition of Demutualize? Find Demutualize meanings, definitions and more at the Real Dictionary online.

Demutualize Meaning

Demutualize Definition
Demutualize Definition

What's The Definition Of Demutualize?

demutualize
verb: If a building society or insurance company demutualizes, it abandons its mutual status and becomes a limited company.

demutualize in American English
transitive verb: to convert (a mutual life-insurance company) to a stockholder-owned corporation

demutualize in British English
verb: to convert (a mutual society, such as a building society) to a public limited company or (of such a society) to be converted

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