from The American Heritage® Dictionary of the English Language, 4th Edition
- transitive v. To examine or go over carefully for needed repairs.
- transitive v. To dismantle in order to make repairs.
- transitive v. Nautical To slacken (a line) or to release and separate the blocks of (a tackle).
- transitive v. To make extensive renovations or revisions on; renovate: proposals to overhaul the health care system.
- transitive v. To catch up with; overtake.
- n. An act of overhauling.
- n. A repair job.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A major repair, remake, renovation, or revision.
- n. the process after the fire appears extinguished in which the firefighters search the structure for signs of hot spots that may cause the structure to reignite. Often this includes the process of salvage under the blanket term, salvage and overhaul.
- v. To modernize, repair, renovate, or revise completely.
- v. To pass, overtake, or travel past.
from the GNU version of the Collaborative International Dictionary of English
- transitive v. To haul or drag over; hence, to turn over for examination; to inspect; to examine thoroughly with a view to corrections or repairs.
- transitive v. To gain upon in a chase; to overtake.
- transitive v. To repair thoroughly; to make repairs on; -- usually implying major repairs and perhaps modifying improvements.
- n. A strict examination with a view to correction or repairs.
- n. A major repair or a revision for the purpose of improvement.
from The Century Dictionary and Cyclopedia
- To turn over for examination; examine thoroughly with a view to repairs.
- To reëxamine, as accounts.
- To gain upon; make up with; overtake.
- To search a ship for contraband goods.
- n. Examination; inspection; repair.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- v. make repairs, renovations, revisions or adjustments to
- n. the act of improving by renewing and restoring
- v. travel past
- n. periodic maintenance on a car or machine
For all of what he describes as the overhaul's strengths - particularly the limits placed on banks 'trading activities - he still feels that the legislation doesn't go far enough in curbing potentially problematic bank activities like investing in hedge funds.
We know the reason we need this "financial regulation overhaul" is because the republican belief that big business (in this case "banking" among others) cannot be trusted to be ethical and forthright. a belief fosterd by Reagan, Bush 1 and bush 2, all of which had some sort of monetary crisis during their terms and or left them for someone else to clean up!
Election Day in Photos Reuters More interactive graphics and photos The most likely vehicle for changes to the financial overhaul is a "corrections bill" expected next year.
I'm really trying to figure out what this whole overhaul is going to mean.
President Nicolas Sarkozy has refused to give in to growing public pressure, insisting that the pension overhaul is needed to prevent the system from going broke.
Why do some people fight against healthcare overhaul is it because the biotechnology and pharmaceutical industries product demand is primarily driven by the willingness of insures to pay for new medical treatments? again is it ethical when these same guys buy out generic companies not to release their affordable products in the market?.
OK, when a Republican says things like "Healthcare overhaul is needed" or "the current system is unacceptable" what they mean is "We're making too much money by keeping things the way they are and we don't plan to change anything."
It's not that I don't agree that overhaul is needed, it's just too broad an issue.
Financial overhaul is geared toward big institutions with expensive internal controls.
A major overhaul is needed and that's what Obama's trying to do.