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单词 demutualize
释义

Definition of demutualize in English:

demutualize

(British demutualise)
verb diːˈmjuːtʃʊ(ə)lʌɪzdiˈmjutʃuwəˌlaɪz
[no object]
  • (of a mutual organization such as a building society) change from being owned by its members to a different kind of ownership.

    both companies could demutualize over the next few years
    Example sentencesExamples
    • New legislation that will allow the company to demutualise (change its status from a mutual society that is owned by its members) is expected to be passed by year-end.
    • You don't have to demutualize when you have a strong capital base.
    • Crombie was said to be concerned that Hogan's comments would turn into a political issue at a sensitive time for the company which is seeking members' approval to demutualise and float on the stock exchange next year.
    • Any building society that demutualises goes through a huge change.
    • However, in modern times many of these old cooperatives have demutualized and converted into stock companies to pursue higher profits.
    • The company will update its members on whether or not it plans to demutualise at an annual general meeting in April.
    • Now it might sound a wee bit cynical to suggest the board waited until it had the mandate to demutualise before it told members they wouldn't be getting quite as much as expected.
    • Europe's largest mutual is expected to demutualise, triggering a modest windfall for policyholders, in a move that already has the industry's largest global life players keeping an eye on developments.
    • Beyond these two, there are still a number of smaller mutual building societies, but it is unlikely they will demutualise.
    • Looking at other mutual insurers that have demutualised in the past, endowment and pension payouts have fallen faster for the quoted companies than for mutual insurers.
    • Abbey - as the bank is now known - was the first building society to demutualise in 1989, giving away shares to customers valued at the time at 130p.
    • In addition, however, your insurance company has announced its intention to demutualise and so you may also benefit from a windfall payment.
    • He said the 5-year claiming period since the company demutualised might possibly be extended for another two years.
    • This building society demutualised in 1997 and now holds more than 3% of the UK's outstanding mortgage stock.
    • There are disturbing parallels here with the insurance mutuals, building societies and friendly societies that have already demutualised or are actively contemplating demutualisation.
    • Building societies - the traditional providers of home loans - demutualised and were rapidly bought up by the high street banks.
    • New legislation is expected later this year that would allow the company demutualise and so end its takeover protection status.
    • The size of any windfall is crucial to borrowers who are deciding which way to vote because they will have to pay higher mortgage bills if the lender demutualises.
    • Faced with the pressure from its members to demutualise, the corporate strategy is often to reaffirm the commitment to remain a mutual for as long as that format is in the best interests of policyholders.
    • Two hundred member signatures are needed to force a vote on demutualising the society.

Derivatives

  • demutualization

  • noun diːmjuːtʃʊ(ə)lʌɪˈzeɪʃ(ə)n
    • The amendments may have raised the barrier against members voting in favour of any demutualisation.
      Example sentencesExamples
      • Melmoth says the group hopes to expand - care homes for the elderly being the next opportunity - but says it will resist demutualisation.
      • Laurent recently told senior colleagues that partial demutualization - the process of changing a company's ownership structure to one based on shareholders - would ‘galvanize’ the group.
      • Back in May of this year, we reviewed the performance of various windfall shares received following the demutualisation of various building societies.
      • You have to go a long way down the list to find a company that hasn't been floated in a privatisation or demutualisation.
 
 

Definition of demutualize in US English:

demutualize

(British demutualise)
verbdēˈmyo͞oCHo͞owəˌlīzdiˈmjutʃuwəˌlaɪz
[no object]
  • Change (a mutual organization such as a savings and loan association) to one of a different kind.

    both companies could demutualize over the next few years
    Example sentencesExamples
    • Looking at other mutual insurers that have demutualised in the past, endowment and pension payouts have fallen faster for the quoted companies than for mutual insurers.
    • New legislation is expected later this year that would allow the company demutualise and so end its takeover protection status.
    • You don't have to demutualize when you have a strong capital base.
    • Faced with the pressure from its members to demutualise, the corporate strategy is often to reaffirm the commitment to remain a mutual for as long as that format is in the best interests of policyholders.
    • Crombie was said to be concerned that Hogan's comments would turn into a political issue at a sensitive time for the company which is seeking members' approval to demutualise and float on the stock exchange next year.
    • The company will update its members on whether or not it plans to demutualise at an annual general meeting in April.
    • Europe's largest mutual is expected to demutualise, triggering a modest windfall for policyholders, in a move that already has the industry's largest global life players keeping an eye on developments.
    • Two hundred member signatures are needed to force a vote on demutualising the society.
    • Beyond these two, there are still a number of smaller mutual building societies, but it is unlikely they will demutualise.
    • The size of any windfall is crucial to borrowers who are deciding which way to vote because they will have to pay higher mortgage bills if the lender demutualises.
    • He said the 5-year claiming period since the company demutualised might possibly be extended for another two years.
    • Building societies - the traditional providers of home loans - demutualised and were rapidly bought up by the high street banks.
    • In addition, however, your insurance company has announced its intention to demutualise and so you may also benefit from a windfall payment.
    • Now it might sound a wee bit cynical to suggest the board waited until it had the mandate to demutualise before it told members they wouldn't be getting quite as much as expected.
    • Abbey - as the bank is now known - was the first building society to demutualise in 1989, giving away shares to customers valued at the time at 130p.
    • Any building society that demutualises goes through a huge change.
    • New legislation that will allow the company to demutualise (change its status from a mutual society that is owned by its members) is expected to be passed by year-end.
    • However, in modern times many of these old cooperatives have demutualized and converted into stock companies to pursue higher profits.
    • This building society demutualised in 1997 and now holds more than 3% of the UK's outstanding mortgage stock.
    • There are disturbing parallels here with the insurance mutuals, building societies and friendly societies that have already demutualised or are actively contemplating demutualisation.
 
 
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更新时间:2024/12/23 6:57:30