reorganization Hear it!

reorganization definition

re·or·gani·za·tion (rē ôr′gə ni zā′s̸hən)

noun

  1. a reorganizing or being reorganized
  2. Finance a thorough reconstruction of a business corporation, comprising a considerable change in capital structure, as effected after, or in anticipation of, a failure and receivership

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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