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

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Example Sentences

Easy, recurring savings can often be accessed by switching cell phone or internet plans or insurance companies, or by refinancing a car loan, he said.

From MarketWatch

And this all comes with an economic cost, as the negative wealth effect dampens consumer sentiment and rising stress at the margin of the mortgage market means increased delinquency rates and reduced refinancing options.

From The Wall Street Journal

Debt refinancing is nothing to take for granted.

From The Wall Street Journal

Mortgage loans have been performing well in recent years, given the massive refinancing boom during the pandemic.

From MarketWatch

Discovery is worried that if a sale to Paramount fails to close, it will face uncertain refinancing costs and terms.

From The Wall Street Journal