Advertisement
Advertisement
refinancing
/ ˌriːfɪˈnænsɪŋ /
noun
- a method of paying a debt by borrowing additional money thus creating a second debt in order to pay the first
Discover More
Example Sentences
Greenberg says he was approached by a representative of the bank about refinancing an existing loan.
With refinancing activity booming, the optimistic sales forecasts make more sense.
But once refinancing starts to slow, banks may face lower margins as they run out of dry powder.
Refinancing activity is picking up and and now constitutes 83 percent of all mortgage applications.
There were also loans totaling $40,000 for refinancing the mortgage on the Hampton's million-dollar home.
These bonds represent a convenient method of investment for small savers, and also an anti-inflationary method of refinancing.
Advertisement
Word of the Day
[in-vet-er-it ]
Meaning and examplesStart each day with the Word of the Day in your inbox!
By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.
Advertisement
Advertisement
Advertisement
Browse