Pronunciation: (rē"ôr-gu-nu-zā'shun), [key]
1. the act or process of reorganizing; state of being reorganized.
2. Finance.a reconstruction of a business corporation, including a marked change in capital structure, often following a failure and receivership or bankruptcy trusteeship.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.