The word 'reclassification' is correct and usable in written English.
It refers to the process of changing something's classification or categorization. Example: The company's income was misrepresented due to the reclassification of expenses as revenue.
A not-for-dividend organisation with no shareholders, NR effectively moved into the public sector in a reclassification of its status last September when its net debt of more than £30bn came on to the government's books.
Furthermore, Mr Chakrabortty's argument that each Briton is £539 worse off as a result of the reclassification of Network Rail fails to take account of the other half of the balance sheet – Network Rail's debt stands at around 65%-70%-70%its regulated asset base (itself an understatement as a result of historical adjustments).
This issue is a hot one, thanks to Royal Dutch/Shell's continuing crisis over the reclassification in January of one-fifth of its "proven" reserves as merely "probable".
The reclassification of cannabis in 2009, from class C to the more stringent class B, was oddly accompanied by a more liberal approach to policing consumption.
Italy will have to implement the biggest reclassification of loans (€12 billion), with Greek (€8 billion) and German banks (€7 billion) also challenged.
Some scholars, however, argue that the real explanation is the reclassification of some getihu as private businesses, and a change to the way the statistics are compiled that eliminated the counting of registered but non-functioning getihu.The government says that fakes will be strictly banned in the new Silk Alley building.
Pluto's reclassification is a very public demonstration of the way science works: when new evidence emerges that overturns what was previously accepted, the facts prevail, and the accepted theory is overthrown in favour of a new, more accurate understanding of the universe.
This could prompt the Securities and Exchange Commission SECC), America's top financial regulator, to intensify its existing investigation into the reserves reclassification.
Some 2m French people are said to be alcoholic.And now the government has given its blessing to a report on drugs, drawn up last year at the request of the health minister, Bernard Kouchner, which urges a drastic reclassification of legal and illegal substances, based on the harm they are thought to do.
Admittedly, none of these icy lumps is as large as Pluto, but the same logic that resulted in Ceres's reclassification as merely the largest asteroid suggests that Pluto could most accurately be seen as the largest of a new class of bodies called trans-Neptunian objects (TNOs).Indeed, the more astronomers find out about Pluto, the less inclined they are to defend its "major-planet" status.
On January 25th New Horizons, another American spacecraft, which was launched a few months before the reclassification, snapped its first pictures of its quarry (sadly unavailable as The Economist went to press).
