Definition of quasi–reorganization
: a corporate procedure whereby recapitalization is achieved by the elimination of the existing deficit and the establishment of a new earned surplus account for future earnings only and without resort to the legal formalities of a complete reorganization
Start your free trial today and get unlimited access to America's largest dictionary, with:
- More than 250,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Seen and Heard
What made you want to look up quasi–reorganization? Please tell us where you read or heard it (including the quote, if possible).