1. the process of converting a company from stockholder ownership to ownership by its customers or policyholders
Usage: business; finance
2. the act of making something mutual or shared between parties

Examples

• The insurance company announced its mutualization plan to give policyholders ownership rights.
• Mutualization of the savings bank meant depositors would become the new owners.
• The board voted against mutualization, preferring to remain publicly traded.
• After mutualization, profits were distributed among the member-owners.
• The mutualization process took two years to complete.
• Community leaders advocated for mutualization of local resources.
• The cooperative’s mutualization model attracted many small investors.