reorganization

noun

re·​or·​ga·​ni·​za·​tion (ˌ)rē-ˌȯr-gə-nə-ˈzā-shən 

-ˌȯrg-nə-

: the act or process of reorganizing : the state of being reorganized

especially : the financial reconstruction of a business concern

reorganizational

(ˌ)rē-ˌȯr-gə-nə-ˈzā-shnəl 

-shə-nᵊl

adjective

Examples of reorganization in a Sentence

Recent Examples on the Web

In part, this is because government reorganizations and operational reforms like those contemplated by Trump require Congress to make adjustments to the laws of the United States, or at least give the president and federal agencies the money required to invest in changes. —Jennifer Selin, The Conversation, 24 Jan. 2025

Despite this closure, Books Inc. intends to keep its remaining 10 locations operational during the reorganization process. —John Yoo and John Shu, Newsweek, 23 Jan. 2025

Chapter 11 Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include: International Holdings LLC, 14238 Corkwood Lane, Astatula. —Orlando Sentinel Staff, Orlando Sentinel, 23 Jan. 2025

The reorganization initiative came on the back of more than 90% correction in the company’s value since 2020 as the company faced multiple set backs. —Joe Cornell, Forbes, 21 Jan. 2025

Word History

First Known Use

1751, in the meaning defined above

Kids Definition

reorganization

noun

re·​or·​ga·​ni·​za·​tion (ˌ)rē-ˌȯrg-(ə-)nə-ˈzā-shən 

: the act of reorganizing : the state of being reorganized

especially : the changing of the financial structure of a business

Legal Definition

reorganization

noun

re·​or·​ga·​ni·​za·​tion ˌrē-ˌȯr-gə-nə-ˈzā-shən 

1

: the act of reorganizing : the state of being reorganized

2

a

: 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