单词 | demutualize |
释义 | demutualize (diːmjuːtʃuəlaɪz) Word forms: 3rd person singular presenttense demutualizes, present participle demutualizing, past tense, past participle demutualizedregional note: in BRIT, also use demutualise verb If a building society or insurance company demutualizes, it abandons its mutual status and becomes a limited company. [British, business] 97 per cent of the group's members support its plans to demutualize. [VERB] [Also VERB noun]demutualization (diːmjuːtʃuəlaɪzeɪʃən) uncountable noun Policyholders voted for demutualisation. demutualize in British English or demutualise (diːˈmjuːtʃʊəˌlaɪz) verb to convert (a mutual society, such as a building society) to a public limited company or (of such a society) to be converted Derived forms demutualization (ˌdemutualiˈzation) or demutualisation (ˌdemutualiˈsation) noun |
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