The act or process of organizing again or differently.(noun)
A thorough alteration of the structure of a business corporation.(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "reorganization" in a sentence
"The warantee issue and the supposed surveys that nobody would buy a car from a car company in reorganization is nonsense."
"The members of Sea Launch have unanimously determined that Chapter 11 reorganization is in the best interests of the Company, its customers, shareholders, employees and other related parties."
"Her article reminds us that such a reorganization is not uncommon two years into a presidency, when staffers are burned out and ready to return to their families."