Refinance

verb

verb ·3 syllables ·Uncommon ·Advanced level

Definitions

Verb
  1. 1
    To renew the terms of a loan. transitive
  2. 2
    renew the financing of wordnet

Synonyms

All synonyms
backbankrollbond refinancingcapitalizedebt recapitalizationdebt restructuring

Example

More examples

"With the theft of their life savings, they were forced to refinance their mortgage-free home to pay for their prescription drugs. The couple has given up driving their car and instead ride the bus to save money."

Etymology

From re- + finance.

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Synonyms

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