the process of changing the way a company manages its financial affairs, for example by borrowing money or reissuing shares
a recapitalization of the company
recapitalization in American English
(riˌkæpɪtləˈzeiʃən)
noun
a revision of a corporation's capital structure by an exchange of securities
Word origin
[1925–30; re- + capitalization]This word is first recorded in the period 1925–30. Other words that entered Englishat around the same time include: distinctive feature, gimmick, hot spot, payload, recyclere- is a prefix, occurring originally in loanwords from Latin, used with the meaning“again” or “again and again” to indicate repetition, or with the meaning “back” or“backward” to indicate withdrawal or backward motion. Other words that use the affixre- include: refurbish, regenerate, retrace, retype, revert
Examples of 'recapitalization' in a sentence
recapitalization
Controlling the company is no longer compelling, as the tough financial work involved in the recapitalization has all been done.
Globe and Mail (2003)
Second, the bond prices have ticked up to about 21 cents from the 17 cents the recapitalization was sealed at.