refinancing

/ ˌriːfɪˈnænsɪŋ /

noun

1. a method of paying a debt by borrowing additional money thus creating a second debt in order to pay the first

Example Sentences

Greenberg says he was approached by a representative of the bank about refinancing an existing loan.

From The Daily Beast

With refinancing activity booming, the optimistic sales forecasts make more sense.

From The Daily Beast

But once refinancing starts to slow, banks may face lower margins as they run out of dry powder.

From The Daily Beast

Refinancing activity is picking up and and now constitutes 83 percent of all mortgage applications.

From The Daily Beast

There were also loans totaling $40,000 for refinancing the mortgage on the Hampton's million-dollar home.

From The Daily Beast

These bonds represent a convenient method of investment for small savers, and also an anti-inflationary method of refinancing.

From Project Gutenberg