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reclassify vs reclassification

Both 'reclassify' and 'reclassification' are correct, but they are used in different contexts. 'Reclassify' is a verb that means to classify again, while 'reclassification' is a noun referring to the act of classifying something again.

Last updated: March 23, 2024 • 967 views

reclassify

The word 'reclassify' is a verb that means to classify again.

Use 'reclassify' when you want to express the action of classifying something again.

Examples:

  • We need to reclassify the documents for the new system.
  • The items were reclassified based on their new categories.
  • An entity shall not reclassify a financial instrument into or out of the fair value through profit or loss category while it is held or issued.
  • An entity shall not reclassify any financial instrument into the fair value through profit or loss category after initial recognition.
  • The incentive to improve the energy performance of buildings also represents a chance to reclassify our cities, contributing to tourism, job creation and sustainable economic growth in the EU.
  • In the light of the above, the Belgian tax authorities could legitimately reclassify the transactions in question as intra-Community supplies between Umicore and company C, without this reclassification constituting a disproportionate concession or irregular application of VAT rules.
  • Under this article Member States can propose to reclassify a device or a family of devices.
  • No. The Commission is not proposing to reclassify ostomy appliances.
  • An entity shall not reclassify a financial asset in accordance with paragraph 50B, 50D or 50E before 1 July 2008.
  • If an entity changes the presentation or classification of items in its financial statements, it shall reclassify comparative amounts unless reclassification is impracticable.
  • Now I suppose I'll have to reclassify you - under "shills and decoys".
  • When the entity changes the presentation or classification of items in its financial statements, the entity shall reclassify comparative amounts unless reclassification is impracticable.
  • However, the competent authority may reclassify a production area as being of Class B or C if it meets the relevant criteria set out in Part A and presents no other risk to human health.
  • When an insurer changes its accounting policies for insurance liabilities, it is permitted, but not required, to reclassify some or all of its financial assets as at fair value through profit or loss.
  • The acquirer should not subsequently reclassify the value of those contracts from goodwill for events that occur after the acquisition date.
  • A change, for example, in the sector or instrument classification of their counterparties leads reporting agents to reclassify asset/ liability items vis-àvis these counterparties.
  • A change in the domestic sector or instrument classification of their counterparties will lead reporting MFIs to reclassify asset/ liability balances vis-à-vis these counterparties within the balance sheet.
  • Has the Commission assessed the scientific justification for its possible forthcoming proposal to reclassify hip, knee and shoulder replacement devices as Class III medical devices under Directive 93/42/EEC OJ L 169, 12.7.1993, p.
  • However, the competent authority may reclassify a production area as being of Class B or C if it meets the relevant criteria set out in Part A and presents no other risk to human health.
  • The incentive to improve the energy performance of buildings also signifies a chance to reclassify our cities, contributing to tourism, job creation and sustainable economic growth in the EU.
  • I therefore call on the Commission and the Member States to use the Structural Funds to reclassify buildings in environmental and energy terms, with this financing used as a catalyst for private funding.
  • In accordance with the amendments to IAS 39 and IFRS 7, companies should be allowed to reclassify certain financial instruments as from 1 July 2008.

Alternatives:

  • classify again
  • change the classification
  • assign a new category

reclassification

The term 'reclassification' is a noun that refers to the act of classifying something again.

Use 'reclassification' when you want to refer to the process or act of classifying something again.

Examples:

  • The reclassification of the products led to better organization.
  • The reclassification of the data was necessary for the analysis.
  • Expanded functionality does not as such justify product reclassification.
  • None of our trading partners have introduced similar reclassification.
  • Subject: Land reclassification operations in Castilla y León
  • No such reclassification where interest payments are made to a resident company
  • Subject: Information Technology Agreement - reclassification of products
  • This reclassification does not impact the final economic result of the year nor the balance-sheet.
  • The reclassification is a change in accounting policy and IAS 8 applies.
  • See European Parliament/ Council Regulation 2558/2001 on the reclassification of settlements on swaps and FRAs.
  • What is the reasoning behind this reclassification?
  • This reclassification has had a negative impact on the size of the deficit for the current year.
  • For example, reclassification of certain devices in a higher risk category could increase costs considerably.
  • The prohibition of the cultivation of plants cannot be abolished merely by a reclassification.
  • We have agreed that the methodologies and evaluation systems for a reclassification of aircraft are a key issue.
  • However, reclassification requires increased public and private investment.
  • Certificate modification to address a malfunction reclassification
  • Additional disclosures are required relating to those instruments and new rules should apply to their reclassification.
  • For information purposes, the impact of the reclassification on the 2006 aggregated current assets and liabilities is detailed below.
  • Aid for the reclassification of employees made redundant by firms undergoing restructuring
  • Census of coca producers in Peru and reclassification of coca leaf
  • Title: Aid for the reclassification of employees made redundant by firms undergoing restructuring

Alternatives:

  • classification again
  • rearrangement of categories
  • reorganization of classification

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