| 单词 | recapitalization |
| 释义 | recapitalizationDefinition Significant readjustment of a firm's capital structure due to (1) issuance of new stock (shares), (2) exchange of bonds for stock, such as a part of a leveraged buyout, (3) reorganization after bankruptcy proceedings. Recapitalization plans must be approved by the required majority of stockholders (shareholders). |
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