BusinessAugust 18, 2026
redomicile
ree-DOM-ih-syle
Definition
To change the legal home or official corporate residence of a business from one jurisdiction to another.
Etymology
Derived from the Latin 'domicilium' (dwelling/residence), the term combines the prefix 're-' (again) with 'domicile' to indicate the act of establishing a new legal residence.
In the news
The article uses 'redomicile' to describe ExxonMobil’s corporate plan to move its official legal home to Texas, serving as an example of major employers leaving New Jersey.
Bucco cites HelloFresh closure, 374 lost jobs in criticism of NJ business climate
Read the full article ↗WRNJ Radio