refinancing


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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.

refinancing

(ˌriːfaɪˈnænsɪŋ)
n
(Banking & Finance) a method of paying a debt by borrowing additional money thus creating a second debt in order to pay the first
Translations

refinancing

nRefinanzierung f, → Neufinanzierung f
References in periodicals archive ?
Refinancing your mortgage means getting a new loan for your home.
Summary: Opting for a refinancing plan totally depends on your financial situation and goals
Calculator 3c is for borrowers who have one mortgage carrying private mortgage insurance and will be refinancing into a combination first and second mortgage without mortgage insurance.
Securities and Exchange Commission, assigned the ratings and Rating Outlooks to the refinancing notes issued by ALM XII Ltd.
M2 EQUITYBITES-November 15, 2017-Univar discloses refinancing of senior secured term loans
Love Funding announced the closing of an $8.05 million loan for the refinancing and repair of Magnolia Gardens Assisted Living Facility in Toms River, New Jersey.
Debt restructuring and refinancing are very similar terms, but they convey slightly different shades of meaning.
Global Banking News-October 11, 2016--Belarus central bank to keep refinancing rate steady
Freddie Mac reported that the average interest-rate reduction in the first quarter for borrowers refinancing was roughly 1.2 percentage points.
For example, a household with a 30-year, fixed-rate mortgage of $200,000 at an interest rate of 6.5 percent that refinances when rates fall to 4.5 percent will save over $80,000 in interest payments over the life of the loan, even after accounting for typical refinancing costs.
With no prepayment penalties, the Citizens Bank Education Refinance Loan provides borrowers with the potential of a single monthly private student loan payment refinancing a variable rate into a fixed-interest rate loan and potentially lowering the interest rate and/or lowering the borrower's monthly payment, said Coughlin.