restructuring charge
noun [ C, usually plural ]
ACCOUNTING, FINANCE ukus(also restructuring cost)the cost of organizing a company in a new way to make it operate more effectively:
The company will take $16.4 million pretax restructuring charges for employment cuts and the discontinuation of a product development program.
the cost of arranging to make debt payments in a different way or at a later time than was originally agreed:
The loss was significantly impacted by an additional $1.8 million of bad debt and restructuring charges.