refinance
verb
re·fi·nance
ˌrē-fə-ˈnan(t)s 
(ˌ)rē-ˈfī-ˌnan(t)s
(ˌ)rē-ˈfī-ˌnan(t)s
ˌrē-(ˌ)fī-ˈnan(t)s
refinanced; refinancing; refinances
: to renew or reorganize the financing of something : to provide for (an outstanding indebtedness) by making or obtaining another loan or a larger loan on fresh terms
refinance a mortgage
With rates tumbling, pay a little more now and retain the flexibility to refinance again next year.—
Daniel Kadlec
Daniel KadlecExamples of refinance in a Sentence
Recent Examples on the Web
With multiple items on the calendar with the potential to impact mortgage rates, buyers and owners hoping to refinance needed to be more strategic than usual.
—Matt Richardson, CBS News, 20 Mar. 2026
Along with the $75 million in debtor-in-process financing, the company also obtained commitments for more than $75 million in exit financing, which will refinance the debtor-in-process financing and provide Lycra with capital once the Chapter 11 process is completed.
—Jennifer Bringle, Sourcing Journal, 17 Mar. 2026
ProPublica interviewed the man, Kwami Abdul-Bey, who said the error left him unable to refinance his home or car even after going to multiple lenders.
—Joel Jacobs, CNN Money, 11 Mar. 2026
That caused a split in demand for mortgages last week, with refinancing coming down and homebuyer demand rising with the kickoff of the spring market.
—Diana Olick, CNBC, 11 Mar. 2026
See All Example Sentences for refinance
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Matt Richardson, CBS News, 20 Mar. 2026
Along with the $75 million in debtor-in-process financing, the company also obtained commitments for more than $75 million in exit financing, which will refinance the debtor-in-process financing and provide Lycra with capital once the Chapter 11 process is completed.
—Jennifer Bringle, Sourcing Journal, 17 Mar. 2026
ProPublica interviewed the man, Kwami Abdul-Bey, who said the error left him unable to refinance his home or car even after going to multiple lenders.
—Joel Jacobs, CNN Money, 11 Mar. 2026
That caused a split in demand for mortgages last week, with refinancing coming down and homebuyer demand rising with the kickoff of the spring market.
—Diana Olick, CNBC, 11 Mar. 2026
See All Example Sentences for refinance
Cite this Entry
“Refinance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/refinance. Accessed 28 Mar. 2026.
Copy CitationLegal Definition
refinance
1 of 2 transitive verb
re·fi·nance
ˌrē-fə-ˈnans, -ˈfī-ˌnans
1
: to renew or reorganize the financing of
2
: to revise the terms of (a debt obligation) especially in regard to interest rate or payment schedule
refinance a mortgage
: to finance something anew
refinance
2 of 2 noun
: a financing of something anew
especially
: a revision of the terms of a debt obligation (as a mortgage)
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