Reincorporate: meaning, definitions and examples
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reincorporate
[ˌriːɪnˈkɔːrpəreɪt ]
Definition
Context #1 | Verb
business setting
To reincorporate means to restore a corporation's legal status after it has been dissolved or forfeited. This involves the process of applying for a new charter or certificate of incorporation and typically requires the payment of certain fees or taxes.
Synonyms
reestablish, remediate, revive.
Examples of usage
- The company decided to reincorporate in a different state to take advantage of favorable tax laws.
- After resolving financial issues, they were able to reincorporate and resume operations.
- The nonprofit organization was able to reincorporate after meeting new regulatory requirements.
Interesting Facts
Etymology
- The word is formed by the prefix 're-', which means 'again', and 'incorporate', which comes from Latin for 'to form into one body'.
- The first known use of the term dates back to the 15th century, indicating a long history of combining parts into a whole.
Business and Law
- In business contexts, to reincorporate can refer to the process of changing a company's charter or its legal structure.
- Reincorporation can help businesses take advantage of favorable laws or regulations in different jurisdictions.
Psychology
- In psychology, reincorporating ideas or experiences can be a vital part of therapy, helping individuals to integrate past experiences into their current understanding.
- The process can facilitate healing and growth by acknowledging and combining previously separate aspects of a person’s life.
Cultural Perspectives
- Different cultures may reincorporate lost traditions or practices as a means of preserving their heritage, showcasing a cyclical view of history.
- In some communities, reincorporation involves reintroducing old customs into modern life to create a richer cultural identity.
Literature
- Writers often reincorporate themes or motifs from their earlier works, creating a sense of continuity and deepening characters or plots.
- Postmodern literature frequently plays with reincorporation, blurring the lines between different narratives and styles to challenge readers' perceptions.