Reorganization

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Reorganization

Creation of a plan to restructure a debtor's business and restore its financial health.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Reorganization

The act or process of changing the terms on the assets and/or liabilities of a company. That is, a company may consolidate its debts, significantly change the size and scope of its operations, and take other measures to reduce the strain of continuing operations. Most companies reorganize either as part of a bankruptcy or as an effort to avoid it. If the company is reorganizing as part of a corporate bankruptcy, it is said to be in receivership.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

reorganization

The restatement of assets to current market value along with a restructuring of liabilities and equity to reflect the reduction in asset values and negotiations with creditors. Reorganization is used as an attempt to keep a financially troubled or bankrupt firm viable. See also Chapter 11.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Meanwhile, the second decree No.: 25/2014 stipulated the amending of some provisions of Decree No.: 70/2012 for re-organizing the Ministry of Transport as follows:-
As insurance carriers look to the future, they've been re-organizing their businesses to ensure profitability from their operations rather than relying so heavily on investment yield.
Therefore, simply re-organizing work cells or moving and stacking inventory wasn't an option.
20 ( ANI ): Scientists have discovered that brain re-organizing starts earlier in girls, which could be the reason behind they maturing faster during the teenage years.
Throughout this next year, we plan to continue our discussions on re-organizing the IGTI leadership, while still placing a strong emphasis on having an excellent Turbo Expo each year, which is the key activity for our members.
The objective of the book is to explore how "food rhetoric is expanding our lexicon, revising our attitudes toward food, and re-organizing relationships with our earth and our bodies" (p.
We have new CEO and new management team and after re-organizing they asked what are we doing in India?
Khalil highlighted the need for re-organizing the aids operation in a manner that would be more fruitful since several sides are tackling the issue outside the framework of proper coordination, he noted.
According to BahE*eli, the bill may pave the way for re-organizing Turkey into federal states.
In August, chapter members reached out to the tornado-struck community of Joplin, Missouri, spending the day re-organizing stocks and supporting the relief effort.
Whether you are helping to launch a marketing function, re-organizing an existing department or simply looking to become more efficient with your highly functional team, approaching roles, tasks and initiatives under the lens of a marketing framework will help you better organize your efforts.