recapitalize

[ ree-kap-i-tl-ahyz ]

verb (used with object)

, re·cap·i·tal·ized, re·cap·i·tal·iz·ing.

1. to renew or change the capital of.

recapitalize

/ riːˈkæpɪtəˌlaɪz /

verb

1. to provide (a bank, financial institution, or corporation) with more capital

Word History and Origins

Origin of recapitalize¹

First recorded in 1940–45; re- + capitalize

Example Sentences

According to court filings, Caspersen in 2015 closed a major deal to recapitalize a private equity fund and then embezzeled an $8.1 million fee the fund had paid to PJT.

From Reuters

A potential buyer would need to absorb losses of $26.8 billion in mark-to-market from First Republic's loan and securities portfolios, while an extra $9.5 billion is needed to recapitalize the bank, the Morgan Stanley analysts estimated.

From Reuters

“We had to work under the assumption that our money would be gone, which means we had to find ways to recapitalize Universal Quantum,” he says.

From Scientific American

Greece was also forced to sell off assets as a way to recapitalize its banks, resulting in a wave of privatizations.

From Washington Post

This has the potential to address the need to recapitalize the fleet so that it will be capable of waging a major, protracted war at sea.

From Washington Times