verb
- converts a company from stockholder ownership to policyholder or member ownership
Usage: business; finance
Examples
- The insurance company mutualizes to give policyholders greater control.
- When a firm mutualizes, shareholders typically receive compensation.
- The board voted to mutualize the organization next year.
- Several credit unions have mutualized in recent decades.
- The process mutualizes ownership among the members.
- Management mutualizes the company to improve customer service.