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refinancing

British  
/ ˌriːfɪˈnænsɪŋ /

noun

  1. 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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In Johnson City, Tenn., financial adviser Sawyer Sams said he saved about $300 a month by refinancing a 30-year mortgage with a rate of 6.25% to an ARM with an initial rate of around 5.25%.

From MarketWatch Jul. 22, 2026

Also, roughly 40% of the companies in the Russell 2000 are unprofitable, making them even more vulnerable to refinancing risk.

From MarketWatch Jun. 30, 2026

The real divide happens during refinancing, when unhurried homeowners get to choose how hard they look for a deal.

From The Wall Street Journal Jun. 26, 2026

In addition to refinancing debt, SpaceX could choose to borrow for new projects—something that might try investors’ patience coming just weeks after its IPO.

From The Wall Street Journal Jun. 22, 2026

This makeshift of refinancing is a device of speculative financiers.

From My Life and Work by Ford, Henry

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