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

It is an international phenomenon that stems from a worldwide reorganization of production and consumption after China joined the World Trade Organization in 2001.

From Barron's

Some of the nearly two dozen agencies brought together in the largest government reorganization in decades fit squarely into this mission, while others didn’t.

From The Wall Street Journal

Pham undertook a sweeping reorganization of the enforcement division and closed about half of its open cases—sometimes without consulting the teams involved—in a campaign against litigation she saw as “regulation by enforcement.”

From Barron's

Pham undertook a sweeping reorganization of the enforcement division and closed about half of its open cases—sometimes without consulting the teams involved—in a campaign against litigation she saw as “regulation by enforcement.”

From Barron's

The five-year-old company filed for chapter 11 bankruptcy reorganization in December, citing the drop in demand coinciding with immigration raids.

From The Wall Street Journal

Related Words

• restructuring