rename
v.v. to give a person, place, or thing a new name. You do this when the old name no longer fits or you want a fresh start.
v. to assign a new name to an entity, replacing the previous designation. Often involves updating records or digital files to reflect the change.
I need to rename this folder so I can find it later.
The city council voted to rename the central park after a famous local poet to celebrate the town's history.
After the merger, the executive board decided to rename the entire corporation to signal a shift toward sustainable energy and distance themselves from past controversies.
From re- + name.
The verb is transitive and requires a direct object; it often takes a second noun phrase as a complement ('rename X Y').