rephasing

verb

1. (form-of, gerund, participle, present)present participle and gerund of rephase

noun

1. (countable, uncountable)A restoration of the phase of a system.
2. (countable, uncountable)A change in the timing of a phased system (such as traffic lights).
3. (countable, uncountable)A rescheduling; especially, a rescheduling of debt repayments or other obligations.

   “In addition, the [Executive] Board [of the International Monetary Fund] also approved a rephasing of the country's future disbursements into five equal amounts of SDR 27.6 million (about US$40.7 million).”

   “The Estimate shows a £20m increase in grants to the compensation Agency as a result of rephasing of non-cash provisions from 2009-10 and 2010-11 into 2008-09 (Estimate, p 381). ¶ […] No, this additional funding in 2008-09 is not treated as a call on the Reserve. It is a rephasing of the Agency’s CSR07 budget within the existing total.”