Recasting definition
Recasting means a promise for an individual to recoup a home sold to a third party with the intent of the original seller to rent back the property for a specific time at which the original seller will have the option to purchase the property back at a specific price. The specific period of time would normally be one year.
Examples of Recasting in a sentence
Generally ERP data are not changed once they have been finalised unless there are compelling reasons to do so, as in June 2013 when data from September 1991 to June 2006 were revised (for more information on this recasting process, see the feature article titled Recasting 20 years of ERP in the December quarter 2012 issue of Australian Demographic Statistics (ABS 2013)).
Recasting sensibility in terms of facticity requires a subject that is sensitive and open and something that offers itself to sense.