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English definition of “remodel”

remodel

verb [T]     /ˌriːˈmɒdəl/ ( UK -ll-, US -l-)
PROPERTY to change the design and appearance of a building in order to make it more modern and attractive: The warehouse is being cleaned and will be remodeled into 20 lofts.
MANAGEMENT, WORKPLACE to change the way a business or organization works: A new management team was brought in to remodel the ailing bank.
(Definition of remodel verb from the Cambridge Business English Dictionary © Cambridge University Press)
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