1. to convert (a mutual organization, such as an insurance company or building society) into a joint-stock company with shareholders
Usage: finance; third-person singular present tense of demutualize

Examples

• The insurance company demutualizes its structure to raise capital from investors.
• When a mutual bank demutualizes, policyholders may receive shares or cash payments.
• The board voted to demutualize the organization in order to access public markets.
• Several large mutuals have chosen to demutualize over the past two decades.
• The firm demutualizes to compete more effectively with publicly traded rivals.