Definition of Restructuring:
Bringing about a drastic or fundamental internal change that alters the relationships between different components or elements of an organization or system.
When a company is having trouble making payments on its debt, it will often consolidate and adjust the terms of the debt in a debt restructuring, creating a way to pay off bondholders. A company restructures its operations or structure by cutting costs, such as payroll, or reducing its size through the sale of assets.
Restructuring is an action taken by a company to significantly modify the financial and operational aspects of the company, usually when the business is facing financial pressures. Restructuring is a type of corporate action taken that involves significantly modifying the debt, operations or structure of a company as a way of limiting financial harm and improving the business.
How to use Restructuring in a sentence?
- The restructuring of the system would take a long time and it would be a lot of work and require a lot of man hours.
- You need to be able to give your a business a total restructuring if thats what it will take for it to get back on the right track.
- Carl explained to Mike and Brad how Restructuring the server closet will help the techs troubleshoot various problems that they are having with their switches and servers.
Meaning of Restructuring & Restructuring Definition