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BNC: 22440 COCA: 25588

— restatement

/riˈsteɪtmənt/ noun, plural restatements [count, noncount]
BNC: 22440 COCA: 25588

restatement

noun

re·​state·​ment (ˌ)rē-ˈstāt-mənt How to pronounce restatement (audio)
1
: something that is restated
2
: the act of restating

Example Sentences

the press release provides no new details—it is merely a restatement of information we already have
Recent Examples on the Web But the place Woodstock occupied, and the one Woodstock ‘99 now occupies, in the public imagination would seem to demand more than restatement, however elegant. Daniel D'addario, Variety, 28 July 2022 The bank said a planned £1 billion share buyback program would be delayed until discussions with the SEC about the potential restatement of 2021 financials related to the debt-sale mishap are concluded. Anna Hirtenstein, WSJ, 28 Apr. 2022 Celebrate the restatement of vows by couples who want to reaffirm their love in a historic setting. courant.com, 25 Feb. 2022 Using such an auditor for 15% of the work, for example, increased the risk of a restatement by 32% and of a late filing by 39%, compared with not using an auditor from a weak-rule-of-law country. Jean Eaglesham, WSJ, 20 Jan. 2022 Businesses would also have to claw back incentive pay granted to both current and former executives for as many as three years before a restatement. Mark Maurer, WSJ, 14 Oct. 2021 Keep an eye out for any leases that were previously categorized as capital leases; in some cases, a restatement entry may be necessary for those obligations. Michael Juby, Forbes, 10 Nov. 2021 For example, one of the most serious deficiencies is when an audit fails to uncover a material error that leads to the restatement of company financials. Mark Maurer, WSJ, 11 Nov. 2021 The restatement was completed in May, and the overall changes were apparently very small. Trefis Team, Forbes, 29 June 2021 See More

Word History

First Known Use

1803, in the meaning defined at sense 1

Time Traveler
The first known use of restatement was in 1803
BNC: 22440 COCA: 25588

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