reorganization

noun
re·​or·​ga·​ni·​za·​tion | \ (ˌ)rē-ˌȯr-gə-nə-ˈzā-shən How to pronounce reorganization (audio) , -ˌȯrg-nə- \

Definition of reorganization

: the act or process of reorganizing : the state of being reorganized especially : the financial reconstruction of a business concern

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Other Words from reorganization

reorganizational \ (ˌ)rē-​ˌȯr-​gə-​nə-​ˈzā-​shnəl How to pronounce reorganization (audio) , -​shə-​nᵊl \ adjective

Examples of reorganization in a Sentence

Recent Examples on the Web The storied company filed for bankruptcy in 2010 and emerged with a reorganization plan to wipe out $4 billion in debt. Ryan Faughnder, Los Angeles Times, "James Bond studio MGM is exploring a sale. So who’s buying?," 21 Dec. 2020 The announcement comes just two weeks before a bankruptcy court judge in Delaware will be asked to approve a reorganization plan by Rubio’s, which expects to emerge from bankruptcy by the end of the year. Lori Weisberg, San Diego Union-Tribune, "Rubio’s reaches agreement to repay creditors as it prepares to emerge from bankruptcy," 30 Nov. 2020 That’s a path that hasn’t been tried and such a move would have a huge impact on other companies' ability to get financing to use during a bankruptcy reorganization, Penney’s lawyers argued. Tribune News Service, oregonlive, "J.C. Penney shows glimmers of light at end of bankruptcy tunnel," 10 Nov. 2020 That’s a path that hasn’t been tried and such a move would have a huge impact on other companies' ability to get financing to use during a bankruptcy reorganization, Penney’s lawyers argued. Maria Halkias, Dallas News, "Sale of J.C. Penney approved by bankruptcy court, giving the retailer a second chance," 10 Nov. 2020 The company plans to reveal more details of its ongoing reorganization when reporting full-year results next spring. Michelle Toh, CNN, "HSBC plans to speed up restructuring as profits drop 36%," 27 Oct. 2020 Their former funds, along with other investors, bought hundreds of millions of dollars in company debt, helped steer its reorganization and became shareholders upon its emergence. Katherine Blunt And Andrew Scurria, WSJ, "Bribery Probe Into a Nuclear Plant Bailout Examines Facilities’ Owner," 14 Oct. 2020 The Mouse House will not abandon cinemas, but its reorganization is an admission that theaters do not represent the future of the company—or perhaps of any Hollywood content company. Adam Epstein, Quartz, "Disney is now a streaming company," 13 Oct. 2020 Just last month, intense scrutiny by lawmakers successfully pressured Postmaster General Louis DeJoy into halting his disruptive reorganization of the U.S. Postal Service months before the presidential election. Matt Ford, The New Republic, "A Simple Way for Congress to Hold ICE Accountable," 16 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'reorganization.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of reorganization

1751, in the meaning defined above

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Time Traveler for reorganization

Time Traveler

The first known use of reorganization was in 1751

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Statistics for reorganization

Last Updated

9 Jan 2021

Cite this Entry

“Reorganization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/reorganization. Accessed 16 Jan. 2021.

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More Definitions for reorganization

reorganization

noun
re·​or·​ga·​ni·​za·​tion | \ ˌrē-ˌȯr-gə-nə-ˈzā-shən How to pronounce reorganization (audio) \

Legal Definition of reorganization

1 : the act of reorganizing : the state of being reorganized
2a : the rehabilitation of the finances of a business in accordance with a plan approved by a bankruptcy court under the provisions of chapter 11 of the Bankruptcy Code
b : any of various procedures (as recapitalization or merger) that affect the tax structure of a corporation under the Internal Revenue Code and often produce favorable tax treatment
A reorganization \ ˈā-​ \
: a reorganization that consists of a merger or consolidation which complies with the requirements of applicable state statute
B reorganization \ ˈbē-​ \
: a reorganization involving the acquisition by one corporation of the stock of another corporation in exchange solely for all or some of the voting stock of the acquiring corporation or its parent either of which has control of the acquired corporation immediately after the acquisition
C reorganization \ ˈsē-​ \
: a reorganization involving the acquisition by one corporation of substantially all of the property of another corporation in exchange solely for all or part of the voting stock of the acquiring corporation or its parent regardless of any liability assumed by the acquiring corporation as a result of the acquisition
D reorganization \ ˈdē-​ \
: a reorganization involving a transfer by a corporation of all or part of its assets to another corporation that results in control of the other corporation being immediately placed in the transferor or one or more of its shareholders or both but under which the stock or securities of the other corporation must be distributed in a qualified transaction — see also spin-off, split-off, split-up
E reorganization \ ˈē-​ \
: a reorganization that consists of a recapitalization
F reorganization \ ˈef-​ \
: a reorganization consisting merely of a change in the identity, form, or place of organization of a corporation
G reorganization \ ˈjē-​ \
: a reorganization involving a transfer by a corporation of all or part of its assets to another corporation under a bankruptcy or similar proceeding provided that the stock or securities of the other corporation are distributed in a qualified transaction
3 : alteration of the existing structure of governmental units (as bureaus or legislative committees) and the lines of control and authority between them usually to promote greater efficiency and responsibility

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