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demutualization

  • a word derived from demutualize.
    demutualize
    verb (used with object)
    to convert (a mutual life-insurance company) to a stockholder-owned corporation.

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Over the last 15 years, many of the world's top exchanges began floating shares in a "demutualization" process that transformed them into competitive, profit-making companies while allowing their traditional seatholders to cash in.

From Reuters ● Jun. 27, 2011

At the same time, the exchange aims to convert into a for-profit company from a membership organization, in what is known as demutualization.

From Reuters ● Mar. 25, 2010

Members get shares in exchange for their memberships in the demutualization.

From Reuters ● Mar. 11, 2010

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