quasi-reorganization
quasi-reorganization · quasi-reorganizations
A corporate accounting procedure in which recapitalization is achieved by the…A corporate accounting procedure in which recapitalization is achieved by the elimination of the existing deficit and the establishment of a new earned surplus account for future earnings only.
Meaning
1 sensesA corporate accounting procedure in which recapitalization is achieved by the elimination of the existing deficit and the establishment of a new earned surplus account for future earnings only.