the act of organizing or the state of being organized again
reorganization in American English
(riˌɔrgənɪˈzeɪʃən)
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
see also readjustment
Examples of 'reorganization' in a sentence
reorganization
The changes in social work consequent upon reorganization have been considerable.
Brown, Muriel & Payne Sarah Introduction to Social Administration in Britain (1990)
The reorganization of government departments highlights the paradox.
Cloke, Paul J (ed) Rural Land-Use Planning in Developed Nations (1989)
He said he hoped the investors would drop the lawsuit in favor of the litigation effort in the reorganization plan.
Christianity Today (2000)
While a reorganization plan is being drawn up, the company is likely to need additional working capital.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)