Understanding Redesignation: A Formal Way of Giving New Names or Labels

Redesignate is a verb that means to give a new name or label to something, or to change the designation of something.

For example, if a company decides to change the name of one of its products, it might issue a press release saying that the product has been "redesignated" with a new name.

In this context, "redesignates" is a formal way of saying that the product has been given a new name or label. The word "redesignation" is often used in official documents, such as press releases or legal filings, to convey the idea that something has been given a new identity or purpose.

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