Meaning Of The Word Refinance

Real Dictionary

What's the definition of Refinance? Find Refinance meanings, definitions and more at the Real Dictionary online.

Refinance Meaning

Refinance Definition
Refinance Definition

What's The Definition Of Refinance?

refinance
verb: If a person or a company refinances a debt or if they refinance, they borrow money in order to pay the debt.

refinance in American English
to finance again; specif., to provide or obtain a new loan or more capital for
transitive verb: to finance again

refinance in British English
verb: to pay (a debt) by borrowing additional money, thus creating a second debt in order to pay the first

refinance in Finance
verb: If a borrower refinances an existing loan, they find a lender who will replace it with a new loan with different terms.

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