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

Examples from the Web for refinancing

British Dictionary definitions for refinancing

refinancing

/ (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