A system and method for repurposing and augmenting document content by clipping, annotating, and reassembling portions of documents, and which may be used in an online or collaborative environment. As used herein the term "repurposing" includes packaging the online information in a manner so that it can be re-used by subsequent users for subsequent applications. An input device or menu referred to herein as a "clipbar" may be provided within a software application or in a kiosk environment that allows users to clip and annotate portions of online or other documents, while retaining both the document fragment's rendered image and its underlying structure. The clips thus created may be stored as collections (together with their associated user-specified and system-specified meta-data) in a form compatible with the other input documents. The collections can be immediately made available to other users in a collaborative fashion, and re-clipped as desired.