- revise re‧vise [rɪˈvaɪz] verb [transitive]1. to change a plan or your figures for something because of new information:
• He has already revised the plan to please shareholders.
• It hasrevised downward its group sales forecast.
• a revised estimate of costs2. to change a piece of writing by adding new information, making improvements, or correcting mistakes:
• a revised edition of the encyclopedia— revision noun [countable, uncountable] :
• The policy appears headed for revision.
• a revision of a 1989 technical manual
* * *revise UK US /rɪˈvaɪz/ verb [T]► to change an amount or value in order to make it more accurate: »
The Labor Department announced it had revised the August numbers to show that the economy gained 89,000 jobs that month.»
Advisers have revised their estimate of its likely stock market value, from £5.4bn to £5.8bn.»
The biggest drop in the global figures came from revising the figure for India downward, which was done in July.revise sth down/up »
Eurozone inflation in November has been revised up from 1.8% to 1.9%.► to make changes to a plan, system, or law in order to improve it: »
As a result of recent analysis, the performance measurement system is currently being revised.»
The Department of Agriculture is expected to revise its proposals concerning regulatory changes.revise a law/a rule/legislation »
Legislation to revise the laws on corporate lawsuits was blocked last night in the Senate.► to make changes to a book, document, etc. in order to improve it, correct mistakes, or make it contain the most recent information: »
This third edition has been completely updated and revised.
Financial and business terms. 2012.