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
This can be done through refinancing, taking out a new mortgage, or another financial arrangement.
—Nafeesah Allen, Better Homes & Gardens, 16 Apr. 2025
If rates decline, refinancing rental properties could improve cash flow, but home price corrections could also impact equity.
—Chris Gallagher, USA Today, 11 Apr. 2025
The city has requested a refinancing package to pay off its outstanding balance to the Small Cities Organized Risk Effort, which has been hired to assist Isleton with its debt.
—Emma Hall, Sacbee.com, 9 Apr. 2025
Their mortgage, most recently refinanced in 2017, has between $100,000 and $250,000 on it, according to his most recent disclosures.
—Kyle Khan-Mullins, Forbes, 23 Mar. 2025
See All Example Sentences for refinance
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Nafeesah Allen, Better Homes & Gardens, 16 Apr. 2025
If rates decline, refinancing rental properties could improve cash flow, but home price corrections could also impact equity.
—Chris Gallagher, USA Today, 11 Apr. 2025
The city has requested a refinancing package to pay off its outstanding balance to the Small Cities Organized Risk Effort, which has been hired to assist Isleton with its debt.
—Emma Hall, Sacbee.com, 9 Apr. 2025
Their mortgage, most recently refinanced in 2017, has between $100,000 and $250,000 on it, according to his most recent disclosures.
—Kyle Khan-Mullins, Forbes, 23 Mar. 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 23 Apr. 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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