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

The airline apologized for the “extremely painful decision” but said “significant financial pressures” made it necessary to temporarily halt operations pending shareholder restructuring and recapitalization of the company.

From Seattle Times • Oct. 11, 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

In a letter to the board on Monday, Light Street proposed a recapitalization of the business, consisting of a $2 billion preferred equity investment arranged by Light Street and a $2 billion incremental debt facility.

From Reuters • Aug. 29, 2022

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