reorganization Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "reorganization" - Business English Dictionary

reorganization

noun [C or U] ( UK also reorganisation)
 
 
/riːˌɔːɡənaɪˈzeɪʃən/ US   /riːˌɔrɡənəˈzeɪʃən/
HR, MANAGEMENT, WORKPLACE a change in the way that something such as a company is organized, in order to improve it: corporate reorganization broad/major/massive reorganization a radical/sweeping reorganizationannounce a reorganization The company may announce a reorganization of management before the end of this year.
LAW, FINANCE, WORKPLACE in the US, a change in the way a company and its finances are organized after it has gone bankrupt: reorganization costs a plan of reorganization/reorganization plan The New York-based investment firm was a member of the company's creditors committee during its recent bankruptcy reorganization.
(Definition of reorganization from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of reorganization?
Add Cambridge dictionaries to your browser to your website
Word of the Day
straight

the straight part of a racetrack (= the track on which competitors race)

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More