nounWord builderThe prefix de- is often used in words connected with changing something to an opposite state. ( Finance : Corporate )
The process of converting an exchange from a mutual ownership organization to a stock
ownership organization is called demutualization.
The major reason for the demutualization of advance-premium mutual life insurers is the need for additional capital to remain
Demutualization is a situation in which a mutually owned company such as an insurance company changes
into a public company that issues stock.
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