[] () to change a mutual organization (= one that is run on behalf of the people who use its services) into a company with shareholders; to be changed in this way 合作社企业公司化（即由互助合作组织变为股东所有制）◆a demutualized building society 经过合作社企业公司化的房屋互助协会◆The life insurer demutualized and listed on the London Stock Exchange last year. 去年这人寿保险公司经过合作社企业公司化後，在伦敦证券交易所上市。▸demutualization, demutualisation /ˌdiːˌmjuːtʃuəlaɪˈzeɪʃn; NAmE-ləˈz-/