Meaning of the word rectifying in English

What does rectifying mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

rectifying

US /ˈrɛktɪˌfaɪɪŋ/
UK /ˈrɛktɪˌfaɪɪŋ/

Verb

to correct something that is wrong

Example:
We need to take steps to start rectifying the situation.
The company is rectifying the errors in its financial report.