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 reorganizational (audio) , -​shə-​nᵊl \ adjective

Examples of reorganization in a Sentence

Recent Examples on the Web

The whole reorganization of the business, from the ground up, has been the biggest challenge. Nick Remsen, Vogue, "Overhauling Heritage (With an Edge of Clever Hype): A Conversation with Rimowa CEO Alexandre Arnault," 27 Feb. 2019 Out of this tumult of class reorganization came a Jewish American mass culture. Jamie Lauren Keiles, Vox, "How the JAP became America’s most complex Jewish stereotype.," 5 Dec. 2018 Soltero's appointment was part of a major reorganization that saw Cortana shuffled under Rajesh Jha, as part of the Experiences and Devices group. Mark Hachman, PCWorld, "Goodbye, Cortana: Microsoft's Javier Soltero leaves, putting the digital assistant's future in doubt," 6 Nov. 2018 Meanwhile, the brain-computer interface project is now operating out of Facebook Reality Labs, a division created back in May when Facebook underwent a substantial reorganization. Nick Statt, The Verge, "Facebook fractures its secretive hardware division," 14 Dec. 2018 Beyond hiring public defenders, Carroll said a work group tasked with looking at the reorganization also proposed increasing contractor pay and the rate of hourly pay, from $90 to $110. Jerzy Shedlock, The Seattle Times, "‘This is not OK’: Clark County Indigent Defense Office needs more attorneys for serious, time-consuming cases," 27 Nov. 2018 The National Association of Professional Firemen and the Professional Firemen's Trade Union issued a joint statement saying that the government's recent reorganization of firefighting capabilities need to be reassessed and rethought. Barry Hatton, Fox News, "Wildfires torment Portugal, Spain as France feels the heat," 7 Aug. 2018 Milley said as chairman of the Armed Services Committee, McCain was instrumental in delivering what the Army calls its most significant reorganization since 1973. Fox News, "The Latest: Politicians pay tribute to McCain; Trump silent," 24 Aug. 2018 Under the reorganization, Mercedes-Benz vans and cars will be rolled into Mercedes-Benz AG. Sean O'kane, The Verge, "Big automakers are breaking themselves apart to compete with Silicon Valley," 26 July 2018

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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Statistics for reorganization

Last Updated

8 Mar 2019

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Time Traveler for reorganization

The first known use of reorganization was in 1751

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More Definitions for reorganization

reorganization

noun

Financial Definition of reorganization

What It Is

Reorganization may refer to the rehabilitation of a company's finances pursuant to a bankruptcy. It can also refer to any process that affects the tax structure of a corporation. In addition, reorganization may refer to a merger or acquisition or sale of a company that changes the ownership, stock, or legal and management structure.

How It Works

Reorganization is a formal court-supervised process of restructuring a company's finances after a bankruptcy. In accordance with bankruptcy laws, specifically Chapter 11, a company is given protection from creditors during the time period when the company proposes and a bankruptcy court reviews and approves a specific reorganization plan. The reorganization is intended to repay creditors to the maximum extent possible and to restructure the company's finances, management, and operations to prevent the same problem from arising again.

A company may reorganize itself, including its legal or corporate structure to take advantage of existing or new tax regulations.

A merger or acquisition of a company may result in a reorganization of the company ownership, equity structure, management, and operations to take advantage of the efficiencies of new management, new technologies, and new capital assets.

Why It Matters

Reorganization is an important step for a business since it has the potential to open up new opportunities, increase efficiencies and profits, and give legal and financial protection during difficult times.

Source: Investing Answers

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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