re·fi·nance /ˌrē-fə-'nans, -'fī-ˌnans/ vt
1: to renew or reorganize the financing of
2: to revise the terms of (a debt obligation) esp. in regard to interest rate or payment schedule
refinance a mortgage
vi: to finance something anew

Merriam-Webster’s Dictionary of Law. . 1996.

verb back again, contribute to again, finance again, fund again, invest in again, lend to again, loan to again, provide capital again, provide funds for again, reinvest, sponsor again, subsidize again, support again, underwrite again

Burton's Legal Thesaurus. . 2006

To replace an existing loan with a new one, usually at a lower interest rate; in securities, to issue new bonds to raise money for the payment of bonds about to mature.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Look at other dictionaries:

  • refinance — re‧fi‧nance [ˌriːˈfaɪnæns, fɪˈnæns] verb [transitive] FINANCE to replace one loan with another one, usually at a lower rate of interest: • Many fixed rate mortgages are now being refinanced at interest rates of around 8%. refinancing noun… …   Financial and business terms

  • refinance — (v.) 1901, from RE (Cf. re ) again + FINANCE (Cf. finance) (v.). Related: Refinanced; refinancing …   Etymology dictionary

  • refinance — [rē΄fə nans′, rē fī′nans΄] vt. refinanced, refinancing to finance again; specif., to provide or obtain a new loan or more capital for …   English World dictionary

  • refinance — [[t]ri͟ːfaɪnæ̱ns[/t]] refinances, refinancing, refinanced VERB If a person or a company refinances a debt or if they refinance, they borrow money in order to pay the debt. [V n] A loan was arranged to refinance existing debt... It can be costly… …   English dictionary

  • refinance — UK [ˌriːfaɪˈnæns] / UK [riːˈfaɪnæns] / US [ˌrɪfɪˈnæns] / US [ˌrɪˈfaɪnæns] verb [intransitive/transitive] Word forms refinance : present tense I/you/we/they refinance he/she/it refinances present participle refinancing past tense refinanced past… …   English dictionary

  • refinance — verb Refinance is used with these nouns as the object: ↑debt, ↑mortgage …   Collocations dictionary

  • refinance — Date: 1908 transitive verb to renew or reorganize the financing of intransitive verb to finance something anew …   New Collegiate Dictionary

  • refinance — /ree fi nans , ree fuy nans/, v.t., refinanced, refinancing. 1. to finance again. 2. to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage. 3. to increase or change the financing of, as by selling stock or… …   Universalium

  • refinance — verb To renew the terms of a loan …   Wiktionary

  • Refinance — 1. When a business or person revises a payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. When a business refinances, it typically extends the maturity date. When individuals change their monthly …   Investment dictionary

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