refounding

/ˌriːˈfaʊndɪŋ/
verb
  1. Present participle of refound: the act of establishing something again, especially an institution, organization, or system, often with new principles or a new basis.
    • Refounding the company after bankruptcy required a lot of hard work.
    • They are refounding the old library as a community center.
    • The committee is currently refounding the student association with a new constitution.
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Antonyms
noun
  1. The process or act of establishing something again.
    • The refounding of the nation was celebrated with a grand ceremony.
    • The refounding of the tradition brought new life to the festival.
    • Her leadership was crucial during the refounding of the organization.