restructuring charge Meaning in the Cambridge English Dictionary

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 ​company will take $16.4 million ​pretax restructuringcharges for ​employmentcuts and the ​discontinuation of a ​productdevelopmentprogram.
the ​cost of ​arranging to make ​debtpayments 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 ​baddebt and ​restructuringcharges.
(Definition of restructuring charge from the Cambridge Business English Dictionary © Cambridge University Press)
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“restructuring charge” in Business English

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