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BNC: 35569 COCA: 12604

refinance

1 ENTRIES FOUND:
refinance /ˌriːfəˈnæns/ /riˈfaɪˌnæns/ verb
refinances; refinanced; refinancing
refinance
/ˌriːfəˈnæns/ /riˈfaɪˌnæns/
verb
refinances; refinanced; refinancing
Learner's definition of REFINANCE
[+ object]
: to get a new loan to pay (an older debt) : to finance (something) again重新贷款,再融资(以偿付债务)
BNC: 35569 COCA: 12604

refinance

verb

re·​fi·​nance ˌrē-fə-ˈnan(t)s How to pronounce refinance (audio)
(ˌ)rē-ˈfī-ˌnan(t)s,
ˌrē-(ˌ)fī-ˈnan(t)s
refinanced; refinancing; refinances

transitive + intransitive

: 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

Example Sentences

Recent Examples on the Web Forward used the moratorium during the pandemic to refinance his debt to make monthly payments more predictable. Diti Kohli, BostonGlobe.com, 20 Aug. 2022 As China is the largest dollar borrower in emerging markets, and developers are unable to refinance their debt, its property implosion could trigger a broader crisis. David Asher, WSJ, 3 Aug. 2022 The company connects potential students to better student loan offers and helps people refinance student loans debt. Sean Mcdonnell, cleveland, 18 July 2022 Rising mortgage rates aren't helping, but homeowners can refinance loans later, when and if rates ease. Russ Wiles, The Arizona Republic, 31 July 2022 According to their complaint, which was filed in Maryland District Court on Monday, the couple applied to refinance their mortgage with loanDepot in May 2021. Debra Kamin, BostonGlobe.com, 21 Aug. 2022 According to the complaint, Connolly and Mott are Black professors at Johns Hopkins University who applied to loanDepot.com to refinance the mortgage on their four-bedroom home in Homeland, Maryland, a predominantly White Baltimore neighborhood. Justin Gamble And Virginia Langmaid, CNN, 19 Aug. 2022 Analysts from JPMorgan and BofA Securities continue to say Credito could refinance the Swiss bond in time. Alexander Saeedy, WSJ, 8 Feb. 2022 According to a recent report, the bank only approved 47 percent of Black homeowners who applied to refinance their mortgage in 2020 compared to the 72 percent approval rate for white homeowners. Brea Baker, ELLE, 17 June 2021 See More

Word History

First Known Use

1995, in the meaning defined above

Time Traveler
The first known use of refinance was in 1995
BNC: 35569 COCA: 12604

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