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English definition of “realignment”

realignment

noun [C or U]     /ˌriːəˈlaɪnmənt/
WORKPLACE the process of changing the way a company or organization works or does business: The realignment comes at a time of rapid change in the online advertising market, as advances in technology create new opportunities for advertising.realignment of sth They're making an effort to boost supply capacity amid a global realignment of the industry. organizational/management/internal realignments a major/radical/strategic realignment a realignment plan/process/exercise
ECONOMICS the process of changing the value of a currency compared to the value of other currencies or of changes in interest rates: Most people in Europe would be happier if the burden of the dollar's realignment were shared more evenly.realignment of sth Realignments of exchange rates can be potentially disruptive. currency realignment
(Definition of realignment noun from the Cambridge Business English Dictionary © Cambridge University Press)
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