The process of changing the legal structure of a company from a mutual form of ownership to a stock form of ownership: recently very common with building societies and insurance companies.
* * *demutualize de‧mu‧tu‧a‧lize [ˌdiː'mjuːtʆuəlaɪz] also demutualise verb [intransitive, transitive]FINANCE if a mutual company, such as a life insurance company or a building society, demutualizes or is demutualized, it obtains the agreement of the people who invest in it, or are insured by it, to become a limited company with shareholders, listed on the stockmarket:
• During the last decade, many building societies and life insurers demutualised and were floated on the stock market.— demutualization also demutualisation noun [countable, uncountable] :
• There has been a massive expansion in share ownership caused by privatisations and demutualisations.
* * *demutualization UK US (UK ALSO demutualisation) /ˌdiːmjuːtʃuəlaɪˈzeɪʃən/ US /ˌdiːmjuːtʃuələˈzeɪʃən/ noun [U] FINANCE► the process in which a financial organization demutualizes: »
The mutual life insurance companies are converting to publicly traded companies, in a process of demutualization.
Financial and business terms. 2012.
Look at other dictionaries:
Demutualization — is the process by which a customer owned mutual organization (mutual) or co operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual… … Wikipedia
Demutualization — When a mutual company owned by its users/members converts into a company owned by shareholders. In effect, the users/members exchange their rights of use for shares in the demutualized company. A mutual company (not to be confused with a mutual… … Investment dictionary
demutualization — noun The act or process of demutualizing … Wiktionary
demutualization — The act by which a mutual, such as a building society, changes its status to that of a public limited company. In recent decades this has been seen in the retail financial services industry worldwide … Accounting dictionary
demutualization — The act by which a mutual, such as a building society, changes its status to that of a public limited company. In recent decades this has been seen in the retail financial services industry worldwide … Big dictionary of business and management
demutualization — demutualizāˈtion or demutualisāˈtion noun • • • Main Entry: ↑demutualize … Useful english dictionary
Musselburgh and Fisherrow Co-operative Society — Type Former consumer co operative Founded March 27, 1862 (1862 03 27) … Wikipedia
Carpetbagger — In United States history, carpetbaggers was the term southerners gave to northerners who moved to the South during Reconstruction, between 1865 and 1877. They formed a coalition with freedmen (freed slaves), and scalawags (southern whites who… … Wikipedia
Florists' Transworld Delivery — Infobox Company name = FTD Group owner = United Online Former retailers cooperative foundation = 1910 founder = location city = Downers Grove, Illinois location country = United States location = locations = area served = key people = Michael J.… … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium