recapitalisation
ree-KAP-ih-tuh-luh-ZAY-shun
Definition
The process of reorganizing a company's or an industry's capital structure, typically by injecting new equity or changing the mix of debt and equity, often to meet regulatory requirements or improve financial stability.
Etymology
Derived from the prefix 're-' (again) plus 'capitalization', which comes from the Latin 'capitalis' meaning 'of the head' or 'principal'. It entered English to describe the act of supplying fresh capital to a business.
In the news
In the article, recapitalisation refers to a mandatory regulatory program requiring insurance companies to increase their capital levels to ensure stronger financial stability and better service delivery.
Strengthening Nigeria’s Financial System Architecture for Sustainable Economic Transformation
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