1. having undergone conversion from mutual (member-owned) to corporate (shareholder-owned) structure
Usage: finance and business term

1. converted (a mutual organization, such as an insurance company or building society) from member ownership to a corporate structure with shareholders
Usage: past tense and past participle of demutialize; finance and business term

Examples

• The insurance company demutualized in 2001, converting its member-owned structure into a publicly traded corporation.
• After the building society demutualized, members received shares in the new company.
• The demutualized firm issued stock to the public for the first time.
• Many demutualized financial institutions faced criticism from former members.
• The process of demutualization allowed the organization to raise capital more easily.
• Several large mutual insurers demutualized during the 1990s and 2000s.