Repurposing, also called repositioning, reprofiling, or rediscovering, refers to the concept or process of taking a drug developed for one indication and applying it to another.
Some members of the European Union believe the answer to Greece's problems is to "reprofile" its debts, so bonds would be paid back over a longer period.
The new plan would simply lead to more equal treatment for would-be borrowers and, at the margin, might encourage more countries to reprofile their debts earlier.That would be a good thing.
Behind the scenes Germany has been pushing for Greece to "reprofile" its debt a soft form of restructuring that would leave principal and coupon payments intact but extend bond maturities.
In October, a little-noted but authoritative-sounding story in the Financial Times said the Treasury was working on schemes to "reprofile", or delay, some of the cuts if required.
The tree-lined right turn after the Esses, from which the cars emerge ready to go up through the gearbox at the start of the big straight, and where in most years an unfortunate driver could be seen trying to dig his car out of a sandbank, is still Tertre Rouge, even though the corner was moved and reprofiled in 1979 to make way for a new road linking two autoroutes.
The Financial Times, however, reported Oct. 7 that the Treasury was considering "reprofiling" — official-speak for "delaying" — some of its cuts to avoid penalties from break clauses in government contracts or hefty redundancy costs.
Instead of reprofiling existing professions or workers, surely it makes sense to train practitioners appropriately for the context in which they will work.
WALL STREET JOURNAL Alcatel-Lucent Considers Selling Assets | Alcatel-Lucent, the phone equipment company that offloaded a business to Permira last year, is considering options "such as reprofiling our debt or an infusion of liquidity, including asset sales," the chief financial officer said.
Schäuble also said that he agreed with the International Monetary Fund that Greece's debt load is not sustainable, and he added that European leaders would discuss the possibility of "reprofiling" the country's debt, which was apparently a reference to extending loan maturities and changing repayment schedules.
