English version


From Longman Business Dictionaryrecapitalizere‧cap‧i‧tal‧ize /riːˈkæpɪtl-aɪz/ (also recapitalise British English) verb [intransitive, transitive]FINANCE1to increase the amount of capital that a company hasThe nine airlines want $436.1 million in short-term loans to recapitalize the industry.2to change the way a company’s capital is organized, for example by exchanging bonds for shares. This is often done after a company goes bankruptThe company has been negotiating with lenders to restructure its debt and recapitalize.recapitalization noun [countable, uncountable]Shareholders approved a recapitalization plan that will exchange about £4 million of bank debt for newly issued stock.
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