refinance
verb
re·fi·nance
ˌrē-fə-ˈnan(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
And then there is the 5-year Treasury, which is important to banks that are lending on properties or uses that will likely try to refinance within three to five years, like may commercial real estate businesses.
—Erik Sherman, Forbes.com, 30 July 2025
Existing homeowners scrambled to refinance to lower their costs.
—Ben Christopher, Mercury News, 29 July 2025
As proposed, the developer will start to repay the city note around operating year 15 (lease year 17), when the project is refinanced.
—Jennifer Van Grove, San Diego Union-Tribune, 20 July 2025
Jumbo rates were lower than conventional rates for the third straight week, as some depositories may be positioning themselves for growth in balance sheet lending, according to Kan.
Applications to refinance a home loan dropped 7% for the week and were 25% higher than the same week one year ago.
—Diana Olick, CNBC, 16 July 2025
See All Example Sentences for refinance
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Erik Sherman, Forbes.com, 30 July 2025
Existing homeowners scrambled to refinance to lower their costs.
—Ben Christopher, Mercury News, 29 July 2025
As proposed, the developer will start to repay the city note around operating year 15 (lease year 17), when the project is refinanced.
—Jennifer Van Grove, San Diego Union-Tribune, 20 July 2025
Jumbo rates were lower than conventional rates for the third straight week, as some depositories may be positioning themselves for growth in balance sheet lending, according to Kan.
Applications to refinance a home loan dropped 7% for the week and were 25% higher than the same week one year ago.
—Diana Olick, CNBC, 16 July 2025
See All Example Sentences for refinance
Cite this Entry
“Refinance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/refinance. Accessed 20 Aug. 2025.
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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