单词 | demutualize |
释义 | demutualize demutualize , -ise // verb [+ obj or no obj]
(Finance ) 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: a demutualized building society The life insurer demutualized and listed on the London Stock Exchange last year.
demutualization , -isation /; AmE / noun [U,C]: The deal with the insurer involves a demutualization and takeover. |
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