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Definition of refinance
transitive verb
: to renew or reorganize the financing of
intransitive verb
: to finance something anew
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Recent Examples of refinance from the Web
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Hudson said the county was getting ready to do a bond issue that would refinance some existing debt.
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The strategy paid off when Kushner's company went to Deutsche Bank for refinancing.
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The strategy paid off when Kushner’s company went to Deutsche Bank for refinancing.
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Find us on Facebook Best Lenders to Refinance Your Mortgage in 2017 The Most Daring Dresses on the Cannes Red Carpet Farmer Rescues Injured Crocodile:
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The St. Tammany Parish School Board recently agreed to refinance a 2011 bond issue to take advantage of a lower interest rate.
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By February 2013, the company had failed to meet job and production goals, faced mounting financial pressure, defaulted on its $10 million loan for the first time, and were negotiating to refinance a $197 million federal loan commitment.
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And Mayor Catherine Pugh is seeking to refinance the debt.
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Fannie and Freddie also view cash-out refinances as riskier now and have imposed higher fees to guarantee them.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'refinance'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of refinance
1995
REFINANCE Defined for English Language Learners
refinance
playDefinition of refinance for English Language Learners
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: to get a new loan to pay (an older debt) : to finance (something) again
Law Dictionary
Legal Definition of refinance
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
intransitive verb
: to finance something anew
refinance
Legal Definition of refinance
: a financing of something anew; especially : a revision of the terms of a debt obligation (as a mortgage)
Learn More about refinance
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See words that rhyme with refinance Spanish Central: Translation of refinance Nglish: Translation of refinance for Spanish speakers Britannica English: Translation of refinance for Arabic speakers
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