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
Backed by the Small Business Administration, it can be used for a variety of purposes, including refinancing debt, expanding your business and, yes, purchasing more inventory.
—Kat Boogaard, CNBC, 27 Oct. 2025
Florida was the most popular state for refinancing, attracting 37 percent of investors looking for that on Waltz.
—Giulia Carbonaro, MSNBC Newsweek, 24 Oct. 2025
But experts caution that refinancing a loan can carry significant closing costs, so do the math.
—Christine Romans, NBC news, 23 Oct. 2025
Mortgage rates need to get below 6% into more of a 5% range for buying and refinancing a home to be more financially viable for many consumers, Zandi said.
—Susan Tompor, Freep.com, 23 Oct. 2025
See All Example Sentences for refinance
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Kat Boogaard, CNBC, 27 Oct. 2025
Florida was the most popular state for refinancing, attracting 37 percent of investors looking for that on Waltz.
—Giulia Carbonaro, MSNBC Newsweek, 24 Oct. 2025
But experts caution that refinancing a loan can carry significant closing costs, so do the math.
—Christine Romans, NBC news, 23 Oct. 2025
Mortgage rates need to get below 6% into more of a 5% range for buying and refinancing a home to be more financially viable for many consumers, Zandi said.
—Susan Tompor, Freep.com, 23 Oct. 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 30 Oct. 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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