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单词 demutualize
释义
  • Business

demutualizeverb [ I or T ]

UK also demutualise uk/ˌdiːˈmjuːtʃuəlaɪz/usFINANCE

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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