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demutualize
verb[intransitive] business /diːˈmjuːtʃuəˌlaɪz//diːˌmjuːtʃuəlaɪˈzeɪʃn/
  1. if an organization such as a building society or an insurance company demutualizes, it becomes a private company owned by shareholders 非互利化(指建屋互助会、保险公司等机构变成股东拥有的私人公司)

derived word

demutualization

noun[uncountable] /diːˌmjuːtʃuəlaɪˈzeɪʃn/

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