recap

verb

1. To seal (something) again with a cap.

   “They're planning to recap those oil wells permanently.”

2. (Canada, US)To replace the worn tread on a tire by gluing on a new outer portion.

   “They buy a lot of camelback because they recap a lot of truck tires for trailer fleets.”

   “Are recapped tires safe? This is obviously the thing to know before you consider buying recaps.”

3. To recapitulate.

   “Near-synonyms: review; overview”

   “Before we begin with today's agenda, Alice, would you please recap the decisions that were made last week?”

4. (informal)To replace capacitors in electronic equipment.

noun

1. A tire that has had new tread glued on.

   “He refused to buy recaps because he didn't trust them not to come apart on the highway.”

   “As she did so, Stacy noted that the tire had been a recap—a tire created by gluing a new outer portion of tread onto the worn inner core of old tires.”

2. A recapitulation.

   “Before we begin with today's agenda, Alice will give us a recap of recent decisions.”

   “With that in mind, here is an attempt to provide an overview of what's happening where, as well as a recap on some of the major announcements that have taken place in the past few months.”

3. A leveraged recapitalization accomplished by increasing the debt to equity ratio.

   “A survey of private equity firms found that most firms are comfortable with a debt/equity ratio of 4:1 following a dividend recap.”