[ ɹɪstɹˌʌkt͡ʃəɹˈe͡ɪʃən], [ ɹɪstɹˌʌktʃəɹˈeɪʃən], [ ɹ_ɪ_s_t_ɹ_ˌʌ_k_tʃ_ə_ɹ_ˈeɪ_ʃ_ə_n]
How to use "Restructuration" in context?
Restructuration is a term used in business to describe a change in the way a company operates. The purpose of a Restructuration is to improve the efficiency and effectiveness of the company. A Restructuration can be a voluntary or involuntary process. Voluntary restructureings are usually initiated by the company itself in an effort to improve its financial position or to align its operations with changing markets. Involuntary restructureings, on the other hand, are often the result of a financial crisis or a takeover.
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