recapitalization

American  

[ree-kap-i-tl-uh-zey-shuhn] / riˌkæp ɪ tl əˈzeɪ ʃən /

noun

1. a revision of a corporation's capital structure by an exchange of securities.

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Etymology

Origin of recapitalization

First recorded in 1925–30; re- + capitalization

Example Sentences

"Lockheed Martin has decided not to respond to the U.S. Air Force's KC-135 fleet recapitalization Request for Information," Lockheed spokesperson Stephanie Stinn said in a statement.

From Reuters • Oct. 23, 2023

Proterra said in a statement Monday that its bankruptcy was made “in an effort to strengthen its financial position through a recapitalization or going-concern sale.”

From Washington Times • Aug. 8, 2023

It also said it is “actively working” with lenders to pay the delinquent property taxes “as part of a larger recapitalization and loan extension plan.”

From Seattle Times • Jul. 31, 2023

In February, Mr. Biden took steps toward releasing half that amount for humanitarian purposes and, under certain conditions, recapitalization of the Afghan central bank.

From Washington Post • Aug. 20, 2022

The government also announced a bank recapitalization program in late 1998, but by early 1999 the plan faced growing challenges over its reliance on public funds.

From The 1999 CIA World Factbook by United States. Central Intelligence Agency