refinance

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re·fin·ance

 (rē′fə-năns′, rē-fī′năns′)
v. re·fi·nanced, re·fi·nanc·ing, re·fi·nanc·es
v.tr.
To renegotiate or replace the financing of (a debt or asset), usually to obtain a lower interest rate.
v.intr.
To finance a debt or asset under new terms.

re·fi′nance′ n.
re′fi·nan′cer n.

refinance

(ˌriːfaɪˈnæns)
vb
(Banking & Finance) to pay (a debt) by borrowing additional money, thus creating a second debt in order to pay the first

re•fi•nance

(ˌri fɪˈnæns, riˈfaɪ næns)

v. -nanced, -nanc•ing. v.t.
1. to finance again.
2. to satisfy (a debt) by making another loan on new terms.
v.i.
3. to arrange new financing for something.
[1905–10]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Verb1.refinance - renew the financing of
finance - obtain or provide money for; "Can we finance the addition to our home?"

refinance

verb take on a loan, borrow, remortgage It can be costly to refinance.
Translations

refinance

[rːˈfaɪnæns] VTrefinanciar

refinance

[ˌriːfaɪˈnæns]
vtrefinancer
vise refinancer
References in periodicals archive ?
Ramirent Oyj (HEL:RAMI), a provider of equipment rental for construction and other industries, announced on Monday that it has entered into a EUR500m intercompany term loan facility agreement with Loxam S.A.S (Loxam), under which Loxam will make available to Ramirent a term loan facility of up to EUR500m to be used to re-finance Ramirent's existing indebtedness.
Another way to raise repair money is to consider home equity loans or cash-out re-finance.
The bank has agreed to a GBP35m re-finance and acquisition funding package with the care-giving firm, which is to use the money for future expansion.
The family-run business will use the funding to re-finance its existing facilities and provide working capital that will allow it to drive forward continued growth, with investment in new machinery and equipment over the next 12 months and the creation of new jobs.
The management combines the expertise of in-house product specialists and Shariah scholars to offer Shariah compliant financing solutions to meet the working capital finance, import finance, export re-finance long-term finance, documentary credit requirements and project financing needs of their clients/ customers.
JBR Capital and companies like them will re-finance the car so that you can take some cash away to use for something else.
The Finance Ministry said the new loan is intended to re-finance part of Cyprus' sovereign debt with cheaper money ahead of an overconcentration of loan maturities by the end of 2031.
Since most of the activity in the textile sector was export-centric, around 39pc of the borrowing was met through SBP's export re-finance schemes in the first three months of the current fiscal year, offered at a subsidised rate of three per cent, highlighted the SBP report.
This additional agreement is for the initial tranche of asset-backed financing and comes as a result of NTS finalizing a deal with the city of Tianjin, China's fourth-largest city, to re-finance existing asset-backed financing for electric bus conversion, valued at over 57B RMB, approximately $8.25B.
The proceeds will be used to finance or re-finance, in whole or in part, capital expenditures and investments in one or more Eligible Green Projects in accordance with the NADB Green Bond Framework.
Green bonds are used to finance or re-finance new or existing green projects.