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Topical Terminology > Quasi-reorganization



2 Definitions

Quasi-Reorganization

For Quasi-Reorganization we have terms and definitions in 2 topics. The topics are Accounting and Accounting Terms.



Quasi-reorganization (Accounting)

Type of reorganization in which, with shareholder approval, the management revalues ASSETS and eliminates the DEFICIT (increased by asset devaluations if any) by charging it to other EQUITY accounts without the creation of a new corporate entity or without court intervention.


Quasi-reorganization (Accounting Terms)

Type of reorganization in which, with shareholder approval, the management revalues ASSETS and eliminates the DEFICIT (increased by asset devaluations if any) by charging it to other EQUITY accounts without the creation of a new corporate entity or without court intervention.




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