refinance


refinance

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.
v.

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

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