refinance
verb
re·fi·nance
ˌrē-fə-ˈnan(t)s 
(ˌ)rē-ˈfī-ˌnan(t)s,
ˌrē-(ˌ)fī-ˈnan(t)s
refinanced; refinancing; refinances
: to renew or reorganize the financing of something : to provide for (an outstanding indebtedness) by making or obtaining another loan or a larger loan on fresh terms
refinance a mortgage
With rates tumbling, pay a little more now and retain the flexibility to refinance again next year.—
Daniel Kadlec
Daniel KadlecExamples of refinance in a Sentence
Recent Examples on the Web
Applications to refinance a home loan, which had been surging through much of January and early February, fell 4% for the week but were 45% higher than the same week one year ago.
—Diana Olick, CNBC, 26 Feb. 2025
Many seniors refinanced homes during a period of low interest rates that ended in 2022, restarting the clock on 15- and 30-year mortgages.
—Daniel De Visé, USA TODAY, 16 Feb. 2025
The filing also notes the completion of several refinancing activities, including a new $50 million loan for Yonkers Gateway Center and a $50 million loan for Ledgewood Commons.
—Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
Still, refinancing discussions continue, and depending on how that goes, the company could be forced to file for bankruptcy protection, according to U.S. Securities and Exchange Commission filings.
—Lillian Rizzo, CNBC, 14 Feb. 2025
See All Example Sentences for refinance
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Diana Olick, CNBC, 26 Feb. 2025
Many seniors refinanced homes during a period of low interest rates that ended in 2022, restarting the clock on 15- and 30-year mortgages.
—Daniel De Visé, USA TODAY, 16 Feb. 2025
The filing also notes the completion of several refinancing activities, including a new $50 million loan for Yonkers Gateway Center and a $50 million loan for Ledgewood Commons.
—Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025
Still, refinancing discussions continue, and depending on how that goes, the company could be forced to file for bankruptcy protection, according to U.S. Securities and Exchange Commission filings.
—Lillian Rizzo, CNBC, 14 Feb. 2025
See All Example Sentences for refinance
Cite this Entry
“Refinance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/refinance. Accessed 12 Mar. 2025.
Copy CitationLegal Definition
refinance
1 of 2 transitive verb
re·fi·nance
ˌrē-fə-ˈnans, -ˈfī-ˌnans
1
: to renew or reorganize the financing of
2
: to revise the terms of (a debt obligation) especially in regard to interest rate or payment schedule
refinance a mortgage
: to finance something anew
refinance
2 of 2 noun
: a financing of something anew
especially
: a revision of the terms of a debt obligation (as a mortgage)
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