restructure
/riːˈstrʌktʃər/
verb
- To change the way something is organized or arranged, especially to make it work better or be more efficient.
- The school board voted to restructure the curriculum to include more technology classes.
- After the merger, they had to restructure the entire management team.
- The company decided to restructure its departments to improve communication.
- To change the financial arrangement of a debt or loan, often to make payments easier.
- Many homeowners tried to restructure their mortgages during the economic crisis.
- The bank agreed to restructure the loan so the family could afford the monthly payments.
- The government helped the struggling business restructure its debt to avoid bankruptcy.
noun
- The act or process of changing the way something is organized or arranged.
- The restructure of the team led to better collaboration among members.
- The restructure of the school system took several years to complete.
- A major restructure of the company's operations was announced last week.