- transformation
- Transformation is the process by which transactions that are open at, or after, the record date/election transfer date are cancelled and/or replaced by new transactions in accordance with the terms of the reorganisation. Euroclear Clearing and Settlement glossary
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transformation UK US /ˌtrænsfəˈmeɪʃən/ noun [C or U]► the process of changing completely the character or appearance of something in order to improve it: »Thanks to senior management's commitment to modifying planning infrastructures and processs, the company's transformation continues.
transformation of sth »We're in the middle of a huge transformation of the way deforestation takes place in Amazonia.
»Economic development is often accompanied by a process of transformation in corporate governance.
»economic/industrial/organizational transformation
»transformation processes/programs
»a complete/major/dramatic transformation
transformation from/in/into sth »Rapid advances in information technologies are central to transformations in local and global markets.
undergo/go through a transformation »Many small businesses have undergone a transformation from a delivery-oriented approach to a strategy of innovation.
bring about/accomplish/make a transformation »Do organizations need a crisis in order to make successful transformations?
transformation begins/takes place/occurs »The organization's transformation occurred largely through HR strategic initiatives and cultural change.
► the process of changing the physical or chemical properties of a substance in order to make or produce something else: transformation into sth »At the state's ethanol plant crops undergo a two-day transformation into auto fuel.
Financial and business terms. 2012.