Usually means: Redesigning processes for efficiency improvement.
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We found 10 dictionaries that define the word reengineering:

General (5 matching dictionaries)
  1. reengineering: Merriam-Webster
  2. Reengineering, reengineering: Wordnik
  3. reengineering: Wiktionary
  4. Reengineering (software), Reengineering: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. Reengineering: Management Dictionary
  2. Accounting, Business Studies and Economics Dictionary (No longer online)
  3. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. reengineering: Encyclopedia

Slang (1 matching dictionary)
  1. Reengineering: Urban Dictionary

Definitions from Wiktionary (reengineering)

noun:  The application of technology and management science to the modification of existing systems, organizations, processes and products in order to make them more effective, efficient and responsive.

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