restructure


restructure
restructure re‧struc‧ture [ˌriːˈstrʌktʆə ǁ -ər] verb
1. [intransitive, transitive] COMMERCE if a company restructures, or someone restructures it, it changes the way it is organized or financed:

• The iron ore company has restructured its operations.

• The group will restructure, reducing the workforce by as much as 19%.

— see also downsize
2. [transitive] FINANCE if a company restructures its debts, it makes an agreement with lenders to pay the debts in a different way to the one agreed before:

• The troubled department store failed to make scheduled interest payments and faces bank demands that it restructure its debt.

* * *

restructure UK US /ˌriːˈstrʌktʃər/ verb
[I or T] MANAGEMENT, WORKPLACE to organize a company, business, or system in a new way to make it operate more effectively: »

The price has gone up and down amid talk of restructuring the company.

»

Retirees have had to accept drastically reduced retirement and health benefits as the industry has restructured.

»

The company may also have to restructure the way it processes transactions.

[T] FINANCE if a company restructures its debt, it arranges to pay back its debt in a different way or at a later time than was originally agreed: »

The merger will provide a means of restructuring the company's debt.

»

Talks continue about restructuring a £220 million bond, which is due to be repaid in January.


Financial and business terms. 2012.

Look at other dictionaries:

  • restructure — re·struc·ture /ˌrē strək chər/ vb tured, tur·ing vt: to change the makeup, organization, or pattern of restructure a corporation companies trying to restructure their debt Claudia MacLachlan vi: to restructure something Merriam Webster’s Dict …   Law dictionary

  • restructure — (v.) 1951, from RE (Cf. re ) back, again + STRUCTURE (Cf. structure) (v.). Related: Restructured; restructuring …   Etymology dictionary

  • restructure — ► VERB 1) organize differently. 2) Finance convert (a debt) into another debt that is repayable at a later time …   English terms dictionary

  • restructure — [rē struk′chər] vt. restructured, restructuring 1. to plan or provide a new structure or organization for 2. to change the terms of (a loan, bond issue, etc.) to reduce the financial burden on the debtor …   English World dictionary

  • restructure — [[t]ri͟ːstrʌ̱ktʃə(r)[/t]] restructures, restructuring, restructured VERB To restructure an organization or system means to change the way it is organized, usually in order to make it work more effectively. [V n] The President called on educators… …   English dictionary

  • restructure — restructurer, n. /ree struk cheuhr/, v., restructured, restructuring, n. v.t. 1. to change, alter, or restore the structure of: to restructure a broken nose. 2. to effect a fundamental change in (as an organization or system). 3. to recombine… …   Universalium

  • restructure — 01. They outlined a plan for a [restructuring] of the company over a 3 year period. 02. Many jobs will be lost when the program is [restructured] next month. 03. The recent [restructuring] in the military has resulted in the closure of a number… …   Grammatical examples in English

  • restructure */ — UK [ˌriːˈstrʌktʃə(r)] / US [ˌrɪˈstrʌktʃər] verb [transitive] Word forms restructure : present tense I/you/we/they restructure he/she/it restructures present participle restructuring past tense restructured past participle restructured to organize …   English dictionary

  • restructure — /riˈstrʌktʃə/ (say ree strukchuh) verb (t) (restructured, restructuring) 1. to change the organisation or structure of: to restructure the hospital s committee system. 2. (in business, manufacturing, etc.) to change the pattern of employment,… …   Australian English dictionary

  • restructure — Date: 1942 transitive verb to change the makeup, organization, or pattern of intransitive verb to restructure something …   New Collegiate Dictionary