Meaning of “restructuring charge” in the English Dictionary

"restructuring charge" in Business English

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restructuring chargenoun [ C, usually plural ]

uk us also restructuring cost ACCOUNTING, FINANCE

the cost of organizing a company in a new way to make it operate more effectively:

the cost of arranging to make debt payments in a different way or at a later time than was originally agreed:

The loss was significantly impacted by an additional $1.8 million of bad debt and restructuring charges.

(Definition of “restructuring charge” from the Cambridge Business English Dictionary © Cambridge University Press)