Definition of moratoria in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is moratoria? Meaning of moratoria as a finance term. What does moratoria mean in finance?
1.1 What is Business Restructuring. Restructuring is the corporate management term for the act of partially dismantling or otherwise reorganizing a company for the purpose of making it more efficient and therefore more profitable. This term is used in many different ways. First of all, restructuring is a profound change in the ways company operates. Therefore, it is basically associated with a major business modification, concerning personnel downsizing and asset revaluation.
A company will normally continue to trade while the administrator looks at options for restructuring. The outcome of an administration may be the sale of the business as a going concern, the sale of part of the business or, as previously in the high profile case of Woolworths, the closure of the business and sale of assets.