reorganization

American  

[ree-awr-guh-nuh-zey-shuhn] / ˌri ɔr gə nəˈzeɪ ʃən /

noun

1. the act or process of reorganizing; state of being reorganized.

2. Finance.  a reconstruction of a business corporation, including a marked change in capital structure, often following a failure and receivership or bankruptcy trusteeship.

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reorganization British  

/ ˌriːɔːɡənaɪˈzeɪʃən /

noun

1. the act of organizing or the state of being organized again

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Etymology

Origin of reorganization

First recorded in 1805–15; re- + organization

Example Sentences

Four key "turning points" divide these phases, marking ages when the brain undergoes meaningful reorganization.

From Science Daily

Nicklaus Cos., founded in 2007 when Nicklaus sold a large stake in his design, equipment manufacturing and licensing businesses, is expected to explore a sale of its business or a reorganization in chapter 11.

From The Wall Street Journal

The reorganization, according to a memo circulated on Wednesday, will involve some Whole Foods leaders taking on more Amazon projects.

From The Wall Street Journal

“No one has suggested that BDO engaged in any inappropriate conduct or otherwise asserted any form of claim against the firm in connection with First Brands’ decision to seek a bankruptcy reorganization.”

From The Wall Street Journal

A State Department official attributed the removals to a department reorganization and said that analysts in the bureau’s Russia-Eurasia group weren’t targeted and the office remains able to conduct important assessments.

From The Wall Street Journal

Related Words

• restructuring