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demutualize

[dee-myoo-choo-uh-lahyz] /diˈmyu tʃu əˌlaɪz/
verb (used with object), demutualized, demutualizing.
1.
to convert (a mutual life-insurance company) to a stockholder-owned corporation.
Also, especially British, demutualise.
Origin
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for demutualise

demutualize

/diːˈmjuːtʃʊəˌlaɪz/
verb
1.
to convert (a mutual society, such as a building society) to a public limited company or (of such a society) to be converted
Derived Forms
demutualization, demutualisation, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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