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alter

 
 
/ˈɔːltər/ verb [I or T]

Definition

to change the appearance, character, or structure of something, or to be changed in this way: Just last week, the company agreed to alter some of its business practices. If they want to continue to have enough workers to fill their contracts, the company will have to alter the way it does business. Discovering new oil deposits could substantially alter the balance between supply and demand. It was back in 2002 that the shape of the business began to alter.
(Definition of alter verb from the Cambridge Business English Dictionary © Cambridge University Press)

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