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restructure

Line breaks: re|struc¦ture
Pronunciation: /riːˈstrʌktʃə
 
/

Definition of restructure in English:

verb

[with object]
1Organize differently: a plan to strengthen and restructure the EC
More example sentences
  • The company has restructured its marketing department and strengthened its sales force.
  • In order to do that, the company has restructured its sales organization and has added new members to its board.
  • At the end of last year, the organization restructured its membership structure in an effort to raise funds.
1.1 Finance Convert (the debt of a business in difficulty) into another kind of debt, typically one that is repayable at a later time: shareholders and creditors agreed to restructure debts and payment schedules (as noun restructuring) the troubled property company is negotiating the restructuring of its debts
More example sentences
  • Instead of filing for bankruptcy, you should consider contacting a credit counseling service that may be able to help you pay off or restructure your debts without resorting to bankruptcy.
  • We recently restructured our debt into a fixed-term loan and we now have our debt under control,’ said McKenna.
  • It is believed that the company's bankers have insisted that it urgently restructure its debt as a condition for securing their continuing support.

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