demutualization
noun[U]
FINANCE(UKalsodemutualisation)uk/ˌdiːmjuːtʃuəlaɪˈzeɪʃən/us/ˌdiːmjuːtʃuələˈzeɪʃən/theprocessin which afinancialorganizationdemutualizes:
Themutuallifeinsurancecompaniesareconvertingtopubliclytradedcompanies, in aprocessof demutualization.