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restatement
noun
re·state·ment
(ˌ)rē-ˈstāt-mənt
Synonyms
Examples of restatement in a Sentence
the press release provides no new details—it is merely a restatement of information we already have
Recent Examples on the Web
After learning of the settlement agreements, WWE issued a restatement of its financial statements in August 2022.
—Todd Spangler, Variety, 10 Jan. 2025
Compensation incentives tied to financial performance, such as bonuses or stock options, that are received within the three years before a financial restatement are within scope for a potential clawback.
—Priya Cherian Huskins, Forbes, 30 Dec. 2024
Latch's investigation led to the restatement of financial results due to errors in revenue recognition and internal controls.
—Quartz Bot, Quartz, 19 Dec. 2024
And, in the name of the good governance, most companies end up including clawbacks for things other than restatements such as personal misconduct or activities that could lead to reputational damage.
—Priya Cherian Huskins, Forbes, 30 Dec. 2024
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Word History
First Known Use
1803, in the meaning defined at sense 1
Dictionary Entries Near restatement
Cite this Entry
“Restatement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/restatement. Accessed 22 Jan. 2025.
Kids Definition
restatement
noun
re·state·ment
-mənt
1
: something that is restated
2
: the act of restating
Legal Definition
Restatement
noun
Re·state·ment
ˌrē-ˈstāt-mənt
: any of several volumes produced by the American Law Institute and authored by legal scholars and experts that set forth statements of major areas of law (as contracts, torts, trusts, and property) and are widely referred to in jurisprudence but are not binding
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