refit

/ˌriːˈfɪt/

/ˈriːˌfɪt/ noun [C]

Definition

› PROPERTY, COMMERCE, PRODUCTION the process of making repairs or changes to a building in order to improve it or change its purpose: Last week the company opened its flagship store on Regent Street following a £13m refit. The chain has embarked on a major refit programme to draw in customers.

› TRANSPORT the process of getting a ship back into good condition: The total bill for salvage, repairs and refit will be €204 million. Reductions in the size of the fleet are threatening refit work for the shipyard.

(Definition of refit noun from the Cambridge Business English Dictionary © Cambridge University Press)