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demutualize

[dee-myoo-choo-uh-lahyz]
verb (used with object), de·mu·tu·al·ized, de·mu·tu·al·iz·ing.
  1. to convert (a mutual life-insurance company) to a stockholder-owned corporation.
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Also especially British, de·mu·tu·al·ise.

Origin of demutualize

de- + mutualize
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for demutualize

demutualize

demutualise

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
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Derived Formsdemutualization or 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