demutualisation

Noun

Meaning

demutualisation (plural demutualisations)

Alternative spelling of demutualization

Examples

As Tayler (2003) refers, demutualisation moves succeeded immediately because neither Conservative nor Labour party UK governments created a framework which put obstacles in the way of demutualisation. Source: Internet

But, before the 1989 Abbey National Building Society demutualisation, the courts found against the two-year rule after legal action brought by Abbey National itself to circumvent the intent of the legislators. Source: Internet

The method usually adopted were membership rules to ensure that anyone newly joining a society would, for the first few years, be unable to get any profit out of a demutualisation. Source: Internet

The process began with the demutualisation of the Abbey National Building Society in 1989. Source: Internet

These powers have been used by the Britannia in 2009 and Kent Reliance in 2011 leading to their demutualisation. Source: Internet

With three further mergers in each of 2009 and 2010, and a demutualisation and a merger in 2011, there are now 44 building societies. Source: Internet

Close letter words and terms