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refinance

[ree-fi-nans, ree-fahy-nans]
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verb (used with object), re·fi·nanced, re·fi·nanc·ing.
  1. to finance again.
  2. to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage.
  3. to increase or change the financing of, as by selling stock or obtaining additional credit.
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Origin of refinance

First recorded in 1905–10; re- + finance
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for refinancing

refinancing

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

Word Origin and History for refinancing

refinance

v.

1901, from re- "again" + finance (v.). Related: Refinanced; refinancing.

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Online Etymology Dictionary, © 2010 Douglas Harper