| 释义 |
demutualize
verb[ I or T ]
FINANCE (UKalso demutualise)uk /ˌdiːˈmjuːtʃuəlaɪz/us
if a financial organization demutualizes, it becomes a company with shares owned by shareholders, and is no longer owned by the people who have money in it:
The Board quit after it failed to get the minimum 75% vote from members in favour of demutualizing.
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