Definitions for "Demutualisation"
The process building societies or other mutual organisations go through when they convert to banks and thus go from being owned by their members ( in a building society, the borrowers and savers) to being a public limited company owned by shareholders. There are pros and cons and the arguments rage on.
The process of changing a mutual or cooperative association into a public company by converting the interests of members into shareholdings, which can then be traded through a stock exchange.
The process of changing the legal structure of a company from a mutual form of ownership to a stock form of ownership: recently very common with building societies and insurance companies.