refinance


re·fi·nance

verb \ˌrē-fə-ˈnan(t)s, (ˌ)rē-ˈfī-ˌ, ˌrē-(ˌ)fī-ˈ\

: to get a new loan to pay (an older debt) : to finance (something) again

Full Definition of REFINANCE

transitive verb
:  to renew or reorganize the financing of
intransitive verb
:  to finance something anew

First Known Use of REFINANCE

1908

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