Other forms: rescheduled; rescheduling; reschedules
If you reschedule an event, you move it to a different time or place. If you schedule a trip to the water park, but the weather looks stormy, you definitely want to reschedule for a day when there won't be lightning.
The verb reschedule can also refer to rearranging a payment schedule for a loan or other debt, especially to defer a payment. Sometimes your bank will offer you the chance to reschedule a payment — especially around the holidays — but be careful when deciding to make a payment later because the bank may charge you a fee and you may still be charged interest. You will need to reschedule the time of your meeting because some of the members of the committee can't make it on the day you've chosen.