doubt

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doubt

Post by Quoc » Mon Nov 20, 2006 3:28 pm

Here is the definition of the word demutualize:

To convert (a mutual life - insurance company) to a stockholder-owned corporation.

So, if I convert any other kinds of companies (not a mutual life - insurance company) to stockholder-owned corporations ,can I also say demutualization? If not, instead of saying demutualization, what word will I say?

Q
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Post by gdwdwrkr » Mon Nov 20, 2006 3:48 pm

no
deprivatization=going public
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Post by Quoc » Mon Nov 20, 2006 3:53 pm

Hi,

Do you mean I have to use deprivatization=going public in this case?

Quoc
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Post by gdwdwrkr » Mon Nov 20, 2006 5:56 pm

No. Use one(deprivatization) or the other(going public).
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Post by russcable » Mon Nov 20, 2006 6:09 pm

A privately owned company can "go public" or deprivatize (become a publically owned company) but since it is not a mutually owned company, it cannot demutualize because there is no mutualization to "undo".
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Post by Quoc » Tue Nov 21, 2006 6:02 am

Hi,

You wrote:

A privately owned company can "go public" or deprivatize (become a publically owned company) but since it is not a mutually owned company, it cannot demutualize because there is no mutualization to "undo".

since = because?

Quoc
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Post by Erik_Kowal » Tue Nov 21, 2006 6:45 am

Yes -- in this context, since = because / as a consequence of [the fact that...]. Not to be confused with 'since' with the meaning 'during [or after] the time that has passed following [some event]'.
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