- demutualisation
- /di:ˌmju:tjuəlaɪ'zeɪʃ(ə)n/, demutualization nounof the process by which a mutual society, such as building society, becomes a publicly owned corporation
Dictionary of banking and finance. 2015.
Dictionary of banking and finance. 2015.
demutualisation — The process of changing the legal structure of a company from a mutual form of ownership to a stock form of ownership: recently very common with building societies and insurance companies. Demutualisation involves the conversion of a not for… … Financial and business terms
démutualisation — n.f. Action de démutualiser … Le dictionnaire des mots absents des autres dictionnaires
demutualisation — demutualizāˈtion or demutualisāˈtion noun • • • Main Entry: ↑demutualize … Useful english dictionary
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Carpetbagger — In United States history, carpetbaggers was the term southerners gave to northerners who moved to the South during Reconstruction, between 1865 and 1877. They formed a coalition with freedmen (freed slaves), and scalawags (southern whites who… … Wikipedia
Northern Rock — This article is about the consumer bank. For the separate asset company, see Northern Rock (Asset Management). For the company s nationalisation, see Nationalisation of Northern Rock. For the company that this bank will be merged with, see Virgin … Wikipedia
Mutual organization — A mutual, mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality. Unlike a true cooperative, members usually do not contribute to the capital of the… … Wikipedia
Demutualization — is the process by which a customer owned mutual organization (mutual) or co operative changes legal form to a joint stock company.[1] It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual… … Wikipedia