Restructur
/rɪˈstrʌk.tʃər/
Definitions
- (n.) The act or process of reorganizing the legal, financial, or operational structure of an entity, often to improve efficiency or solvency.
The company underwent a major restructur to avoid bankruptcy.
Related terms
See also
Commentary
This term is a variant spelling of restructuring, used primarily in specific legal or financial contexts; it denotes the formal process of rearrangement rather than the informal or ad hoc changes.
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