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refinancing

British

/ ˌriːfɪˈnænsɪŋ /

noun

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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refinancing

For example, someone refinancing their mortgage or buying a property for the first time could face higher mortgage rates.

From BBC ● Oct. 29, 2026

"With interest rates much higher in many global regions than they were in 2021, refinancing risk will become more visible as loans originated in 2020-22 approach maturity," it said in its latest Private Credit Quarterly.

From Barron's ● Oct. 29, 2026

It also expands a title-insurance waiver program in a bid to reduce refinancing costs.

From MarketWatch ● Oct. 26, 2026

“This will leave many of the more vulnerable reliant on extensions, payment-in-kind amendments costly refinancing or sponsor support,” says Moody’s.

From The Wall Street Journal ● Oct. 15, 2026

This makeshift of refinancing is a device of speculative financiers.

From My Life and Work by Henry Ford

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023