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Verb: demutualise  dee'myoo-choo-u,lIz
Usage: Brit (N. Amer: demutualize)
  1. Change from being a mutual society (usually a building society) to something else, esp. a bank
    "The building society decided to demutualise and become a public limited company";
    - demutualize

Derived forms: demutualising, demutualises, demutualised

Encyclopedia: Demutualise