refinance

[ ree-fi-nans, ree-fahy-nans ]
/ ˌri fɪˈnæns, riˈfaɪ næns /

verb (used with object), re·fi·nanced, re·fi·nanc·ing.

to finance again.
to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage.
to increase or change the financing of, as by selling stock or obtaining additional credit.

Origin of refinance

First recorded in 1905–10; re- + finance
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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