recapitalization

[ ree-kap-i-tl-uh-zey-shuhn ]

noun

1. a revision of a corporation's capital structure by an exchange of securities.

Word History and Origins

Origin of recapitalization¹

First recorded in 1925–30; re- + capitalization

Example Sentences

"Lockheed Martin has decided not to respond to the U.S. Air Force's KC-135 fleet recapitalization Request for Information," Lockheed spokesperson Stephanie Stinn said in a statement.

From Reuters

Advocacy for the LMXT,which would be made in Alabama and Georgia, had been fierce with Lockheed spending political capital to assure that Boeing's plane was not a shoo-in to win the second tranche of the three-tranche tanker recapitalization.

From Reuters

The airline apologized for the “extremely painful decision” but said “significant financial pressures” made it necessary to temporarily halt operations pending shareholder restructuring and recapitalization of the company.

From Seattle Times

Proterra said in a statement Monday that its bankruptcy was made “in an effort to strengthen its financial position through a recapitalization or going-concern sale.”

From Washington Times

It also said it is “actively working” with lenders to pay the delinquent property taxes “as part of a larger recapitalization and loan extension plan.”

From Seattle Times