restatements
Pronunciation: [ˌriːˈsteɪtmənts]
Word
Context: "business"
(noun) a restatement is when a company changes its financial statements to make corrections or update information. This can happen if there were mistakes or if better information becomes available.
Example
The company issued restatements to clarify its financial results from last year.
Example
The investors were worried because the company did not issue any restatements, even after the mistakes were found.
Example
Why does the company need to make restatements to its financial reports?
Context: "education"
(noun) a restatement is when someone says something again but uses different words to make it clearer or easier to understand. This is useful when you're explaining something to someone.
Example
She gave a restatement of the rules so everyone could understand them better.
Example
He did not provide a restatement, leaving the students confused about the lesson.
Example
Can you give a restatement of what the teacher just explained?
0s0s