demutualize

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Also found in: Financial.

demutualize

(diːˈmjuːtʃʊəˌlaɪz) or

demutualise

vb
(Banking & Finance) to convert (a mutual society, such as a building society) to a public limited company or (of such a society) to be converted
ˌdemutualiˈzation, ˌdemutualiˈsation n

demutualize


Past participle: demutualized
Gerund: demutualizing

Imperative
demutualize
demutualize
Present
I demutualize
you demutualize
he/she/it demutualizes
we demutualize
you demutualize
they demutualize
Preterite
I demutualized
you demutualized
he/she/it demutualized
we demutualized
you demutualized
they demutualized
Present Continuous
I am demutualizing
you are demutualizing
he/she/it is demutualizing
we are demutualizing
you are demutualizing
they are demutualizing
Present Perfect
I have demutualized
you have demutualized
he/she/it has demutualized
we have demutualized
you have demutualized
they have demutualized
Past Continuous
I was demutualizing
you were demutualizing
he/she/it was demutualizing
we were demutualizing
you were demutualizing
they were demutualizing
Past Perfect
I had demutualized
you had demutualized
he/she/it had demutualized
we had demutualized
you had demutualized
they had demutualized
Future
I will demutualize
you will demutualize
he/she/it will demutualize
we will demutualize
you will demutualize
they will demutualize
Future Perfect
I will have demutualized
you will have demutualized
he/she/it will have demutualized
we will have demutualized
you will have demutualized
they will have demutualized
Future Continuous
I will be demutualizing
you will be demutualizing
he/she/it will be demutualizing
we will be demutualizing
you will be demutualizing
they will be demutualizing
Present Perfect Continuous
I have been demutualizing
you have been demutualizing
he/she/it has been demutualizing
we have been demutualizing
you have been demutualizing
they have been demutualizing
Future Perfect Continuous
I will have been demutualizing
you will have been demutualizing
he/she/it will have been demutualizing
we will have been demutualizing
you will have been demutualizing
they will have been demutualizing
Past Perfect Continuous
I had been demutualizing
you had been demutualizing
he/she/it had been demutualizing
we had been demutualizing
you had been demutualizing
they had been demutualizing
Conditional
I would demutualize
you would demutualize
he/she/it would demutualize
we would demutualize
you would demutualize
they would demutualize
Past Conditional
I would have demutualized
you would have demutualized
he/she/it would have demutualized
we would have demutualized
you would have demutualized
they would have demutualized
Translations

demutualize

[diːˈmjuːtjʊəlaɪz] VI (Fin) → dejar de ser una mutualidad

demutualize

vi (Fin) → sich in eine Kapitalgesellschaft umwandeln
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References in periodicals archive ?
The dependent variable in the multinomial regression takes on the value zero when the insurer remains a mutual, a value of one for all years after the insurer converts via MHC conversion, or a value of two after the insurer fully demutualizes.
2] Notes: The dependent variable takes the value of zero while the insurer remains a mutual (label: Nonconverting) and one for all years after the insurer converts via MHC conversion (label: MHC Conversions) or two for all years after the insurer fully demutualizes (label: Full Conversions).
In reality, however, not only did the managers of a mutual life insurance company have to decide whether to demutualize, they also had to choose from different types of demutualization, including a full (or traditional) demutualization (2) and a mutual holding company (MHC) conversion.
First, we improve on the existing literature by considering the method of conversion in an effort to gain additional insight into what motivated insurers to demutualize generally and then to explore if the motivations were similar across the firms that chose to fully demutualize versus those that chose to adopt the MHC form.
A second way that we improve upon the previous literature is by hypothesizing that the federal tax code provided mutual insurers an incentive to demutualize after Congress passed Internal Revenue Code (IRC) Section 809 in 1984.
Since the insurance industry is regulated at the state level, it is the laws of each individual state that govern the process for a mutual insurance company to demutualize and convert to the stock form of ownership.
The ability of a mutual company to demutualize was further facilitated by Section 312 of the Financial Services Modernization Act of 1999, which allows a mutual insurer that wishes to demutualize but is prohibited from doing so under the laws of its domiciliary state to redomesticate to a state that allows demutualization (see Harman, Adney, and Keene, 2001).
The theories posited to explain why a mutual insurer would demutualize can generally be split into two categories: those that suggest mutual insurers converted to the stock organizational form in an attempt to increase firm value and those that suggest the demutualization process allowed the firm's management to extract value for themselves.
We hypothesize mutual insurers had an incentive to demutualize to avoid a unique "surplus tax" imposed by the DEFRA of 1984 when it adopted the "stock model" of taxation for mutual insurers in Section 809.
Unless the mutual company demutualizes and returns this surplus or reserve equity, the policyowners will never realize these profits.
In these situations, vulnerable management eschews demutualization as a way to protect itself If a mutual demutualizes to cover trouble or save jobs, the process can set up the demutualizing entity as a hostage to be taken out of the game.
In addition to expanding geographically and into new lines of business, insurers that demutualize are in a better position to broaden their distribution channels.