recapitalization
noun/riːˌkæpɪtəlaɪˈzeɪʃn/
/riːˌkæpɪtələˈzeɪʃn/
(British English also recapitalisation)
[uncountable, singular] (business)- the act of providing a company, etc. with more money, especially by replacing its debt with stock (= shares in the business)
- The company needs a plan for restructuring and recapitalization.
- A recapitalization of the outstanding $35 million debt is being implemented.
Check pronunciation:
recapitalization