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 responded to that small drop, rising 12% from the previous week and 17% from the same week a year ago.
—Diana Olick, CNBC, 5 Feb. 2025
Additionally, refinancing with a private lender at a lower interest rate may be an option for those with strong credit and stable income.
—Thomas G. Moukawsher, Newsweek, 5 Feb. 2025
In 2020, the couple took advantage of ultra low mortgage rates and refinanced, scoring a 2.25% rate.
—Theresa Clift, Sacramento Bee, 5 Feb. 2025
At the time of the property purchase, Tron’s group obtained $32 million to refinance the entire Mt. Pleasant Shopping Center, county documents show.
—George Avalos, The Mercury News, 5 Feb. 2025
See all Example Sentences for refinance 
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Diana Olick, CNBC, 5 Feb. 2025
Additionally, refinancing with a private lender at a lower interest rate may be an option for those with strong credit and stable income.
—Thomas G. Moukawsher, Newsweek, 5 Feb. 2025
In 2020, the couple took advantage of ultra low mortgage rates and refinanced, scoring a 2.25% rate.
—Theresa Clift, Sacramento Bee, 5 Feb. 2025
At the time of the property purchase, Tron’s group obtained $32 million to refinance the entire Mt. Pleasant Shopping Center, county documents show.
—George Avalos, The Mercury News, 5 Feb. 2025
See all Example Sentences for refinance
Dictionary Entries Near refinance
Cite this Entry
“Refinance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/refinance. Accessed 11 Feb. 2025.
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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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