listen to the pronunciation of recast
İngilizce - İngilizce
To mould again

The whole bell had to be recast although it had only one tiny, hardly visible crack.

The act or process of recasting
cast again; "The bell cracked and had to be recast"
If you recast something, you change it by organizing it in a different way. The shake-up aims to recast IBM as a federation of flexible and competing subsidiaries. + recasting re·cast·ing the recasting of the political map of Europe
cast again, in a different role; "He was recast as Iago
{f} remodel, reshape, refashion
The form recast is used in the present tense and is the past tense and past participle
cast again, in a different role; "He was recast as Iago"
To compute, or cast up, a second time
cast or model anew; "She had to recast her image to please the electorate in her home state" cast again; "The bell cracked and had to be recast" cast again, in a different role; "He was recast as Iago
To mold anew; to cast anew; to throw into a new form or shape; to reconstruct; as, to recast cannon; to recast an argument or a play
To re-amortize the remaining principal balance for the remaining term of the loan Typically used in negative amortization loans
To recast an actor's role means to give the role to another actor. Stoppard had to recast four of the principal roles
To redesign an existing loan balance into a new loan for the same period or longer, to reduce payments and help a distressed borrower
To recalculate the monthly payment on the ARM so that the loan will fully amortize during the original term of the loan Recasting is most commonly used with negatively amortizing ARMs and usually occurs when the negative amortization cap has been reached at a predetermined interval (often 5 years)
To throw again
cast or model anew; "She had to recast her image to please the electorate in her home state"
  In lower level tests, it may be OK for handler to call the dog in and re­-send on a retrieve  
present participle of recast
Adjusting the terms of a loan agreement in light of new developments (i e lower rates, possible default)
changing a particular word or phrase
The adjustment of a loan that would otherwise be defaulted
Redoing an existing loan for a borrower owing backpayments in order to avoid default and foreclosure; the interest rate and term may be readjusted to lower payments
Financial recasting eliminates from the historical financial presentation, items such as excessive and discretionary expenses and nonrecurring revenues and expenses, since they reflect the financing decision of the current owner and may not represent financing preferences of a new owner Recasting provides an economic view of the company, and allows meaningful comparisons with other investment opportunities
Rewriting a loan with new terms to accommodate a borrower threatened with default A recast loan may lose priority over previously recorded junior liens
The re-aligning of the existing resources within our county maintenance organizations to create the capacity for more agile relationships Successful recasting means reassigning responsibilities at the appropriate level, identifying and reassigning Externally Focused Managers (EFMs), revising job descriptions for Assistant County Maintenance Managers (ACCMs) and Highway Foremen, establishing local Peer Review Teams in each county, and developing training plans to facilitate implementation Highway Foremen assume additional responsibilities and operate with greater independence This allows the EFMs and ACCMs to become more outwardly focused, develop partnerships with local governments, share resources, and better meet our customer's expectations
An adjustment to the current mortgage -- a loan modification -- that does not involve the issuance of a new mortgage guaranty insurance certificate With a recast loan, a modification may be made in the type of instrument involved In whatever form a recast loan takes, the major benefit to the borrower is the potential for substantially reduced mortgage payments
The process of rewriting existing loans, especially where their is a default The term and interest rate may be adjusted to take pressure off the borrower
the process of adjusting a loan arrangement, especially under the threat of default
plural of recast