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Restructuring - Law Dictionary Search Results

Home Dictionary Name: restructuring

restructure

restructure -tured -tur·ing vt : to change the makeup, organization, or pattern of [ a corporation] [companies trying to their debt "Claudia MacLachlan"] vi : to restructure something ...


restructuring

restructuring : the act or process of changing the structure of something (as a corporation or its ownership of securities) ...


divestiture

divestiture 1 : the sale or transfer of title to a property (as an operating division) under court order (as in bankruptcy) 2 : the sale of an asset (as a business division) that is unprofitable, does not enhance a corporate restructuring, or is felt to be morally reprehensible ...


freeze

freeze froze fro·zen freez·ing 1 : to cause to become fixed, immovable, unavailable, or unalterable [ interest rates] 2 : to immobilize (as by government regulation or the action of a financial institution) the expenditure, withdrawal, or exchange of [ foreign assets] 3 : to restructure (the capital of a close corporation) so that the value is reflected mostly in preferred stock rather than common stock NOTE: Once capital is frozen, the common shares can be transferred to the heirs of the owner without taxation while the owner continues to enjoy the income from preferred stock dividends during his or her lifetime. freeze n ...


reorganization plan

reorganization plan : a plan submitted for approval to a bankruptcy court by a corporation seeking to reorganize under chapter 11 of the Bankruptcy Code that sets out the proposed restructuring ...


Secularism and secularization

Secularism and secularization, there is a difference between secularism and secularisation. Secularisa-tion essentially is a process of decline in religious activity, belief, ways of thinking and in restructur-ing the institution. Though secularism is a political ideology and strictly may not accept any religion as the basis of State action or as the criterion of dealing with citizens, the Constitution of India seeks to synthesise religion, religious practice or matters of religion and secularism. In secularising the matters of religion which are not essentially and integrally parts of religion, secularism, therefore, consciously denounces all forms of supernaturalism or superstitious beliefs or actions and acts which are not essentially or integrally matters of religion or religious belief or faith or religious practices. In other words, non-religious or anti-religious practices are antithesis to secularism which seeks to contribute in some degree to the process of secularisation of t...


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