restructuring Meaning in the Cambridge English Dictionary

Meaning of “restructuring” in the English Dictionary

"restructuring" in Business English

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restructuringnoun [C or U]

uk   us   /ˌriːˈstrʌktʃərɪŋ/
MANAGEMENT, WORKPLACE the ​act of ​organizing a ​company, ​business, or ​system in a new way to make it ​operate more ​effectively: a major/radical restructuring corporate/​industrial/​organizational restructuring
FINANCE the ​act of ​arranging to make ​debtpayments in a different way or at a later ​time than was originally ​agreed: Bankruptcy beckons if the ​companyfails to ​agree a restructuring of its ​debts. Thanks to a financial restructuring and new ​management, it has ​returned to ​profit.
(Definition of restructuring from the Cambridge Business English Dictionary © Cambridge University Press)
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“restructuring” in Business English

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