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demutualize |
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demutualize or -ise Verb [-izing, -ized] or -ising, -ised (of a mutual savings or life-assurance organization) to convert to a public limited company demutualization -isation n How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| For example, recent Canadian legislation requires that directors, managers and staff of demutualising mutual assurance societies should not receive benefits other than those available to all policy-holders. |
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