die Sanierung
Translation
renovation, redevelopment, reorganization, remediation
Examples
Die Sanierung des alten Gebäudes beginnt bald.
The renovation of the old building will begin soon.
Die finanzielle Sanierung der Firma war nötig.
The financial reorganization of the company was necessary.
Grammar Patterns
the renovation/reorganization ((of sth.)) Die Sanierung des Hauses kostet viel Geld.
Similar Words
Renovierung (renovation), Modernisierung (modernization), Restaurierung (restoration)
Etymology
Derived from the verb 'sanieren', from Latin 'sanare' meaning 'to heal' or 'to restore to health'.
Memory Tips
Think of the word 'sanitary'. A 'Sanierung' is about cleaning up and fixing something, whether it's a building or a company's finances, to make it healthy again.