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refinance


re·fi·nance

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

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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