restructuring charge

restructuring charge
restructuring charge UK US noun [C, usually plural] (also restructuring cost) ACCOUNTING, FINANCE
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.


Financial and business terms. 2012.

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Look at other dictionaries:

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