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
Interest rates matter for all of those who want to borrow to invest or pay bills or refinance their existing debt.
—Christian Weller, Forbes.com, 24 May 2025
Applications to refinance a home loan also fell 5% for the week and were 27% higher than the same week one year ago.
—Diana Olick, CNBC, 21 May 2025
In downtown Hartford, there are five major office towers — two on Constitution Plaza — either in foreclosure or receivership, some the casualty of lenders unwilling to refinance mortgages in a shaky office leasing market both in Hartford and nationally.
—Kenneth R. Gosselin, Hartford Courant, 19 May 2025
Listen to this article Valparaiso University officials came before the Valparaiso City Council Monday to explain their bid for the city to serve as a conduit for up to $117 million in general obligation bonds for some campus renovations and to refinance university debt.
—Amy Lavalley, Chicago Tribune, 13 May 2025
See All Example Sentences for refinance
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Christian Weller, Forbes.com, 24 May 2025
Applications to refinance a home loan also fell 5% for the week and were 27% higher than the same week one year ago.
—Diana Olick, CNBC, 21 May 2025
In downtown Hartford, there are five major office towers — two on Constitution Plaza — either in foreclosure or receivership, some the casualty of lenders unwilling to refinance mortgages in a shaky office leasing market both in Hartford and nationally.
—Kenneth R. Gosselin, Hartford Courant, 19 May 2025
Listen to this article Valparaiso University officials came before the Valparaiso City Council Monday to explain their bid for the city to serve as a conduit for up to $117 million in general obligation bonds for some campus renovations and to refinance university debt.
—Amy Lavalley, Chicago Tribune, 13 May 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 3 Jun. 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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