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

Further Reading As HBO and Turner bosses quit, AT&T announces big Time Warner reorganizationSince the HBO Max exclusives pertain only to streaming rights, the shows could still be available on cable TV services. Jon Brodkin, Ars Technica, "AT&T takes some Time Warner shows off Netflix, makes them exclusive to HBO Max," 9 July 2019 The plan for reorganization and cost-cutting focuses on Deutsche Bank units involved in selling stocks and bonds, which are concentrated in New York and London. Jack Ewing, BostonGlobe.com, "Long-ailing Deutsche Bank will lose 18,000 jobs in overhaul," 7 July 2019 Under a reorganization initiative in early 2019, the ADOC realigned the K9 bureau under the Department’s Investigations and Intelligence Division for counter-drug operations. Carol Robinson | Crobinson@al.com, al.com, "Alabama prison K9 dies after drug raid, will be buried with full honors," 22 July 2019 The Music and reorganization at the Recording Academy, are just the beginning of a long, uphill climb. Tatiana Cirisano, Billboard, "Spotlight: Jay-Z's Former Attorney Jennifer Justice Is Using Her Position to Uplift Other Businesswomen," 8 July 2019 The reorganization and cost-cutting plan is reminiscent of the bloodletting that followed the financial crisis in 2008. Jack Ewing, New York Times, "Deutsche Bank Scales Back Ambitions, Announcing Job Cuts and Reorganization," 7 July 2019 Dahl, speaking after the hearing, said the reorganization process took longer than expected but Eden is excited to have the judge sign off on its plan. Patrick Danner, ExpressNews.com, "San Antonio-area retirement community’s bankruptcy plan OK’d," 2 July 2019 Boundary Appeal Board The matter now heads to the School District Boundary Appeal Board, a group of 12 school board members created within the Department of Public Instruction to address issues related to school district reorganization. Bob Dohr, Milwaukee Journal Sentinel, "The Palmyra-Eagle School Board has taken the next step toward dissolving the school district," 2 July 2019 That’s because the bankruptcy reorganization process will resolve wildfire claims, regulators said. J.d. Morris, SFChronicle.com, "PG&E likely barred from new path for raising rates due to 2017 fires," 27 June 2019

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

9 Aug 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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