refinance

intr. & tr.v., -nanced, -nanc·ing, -nanc·es.
To provide new financing or new financing for, as by discharging a mortgage with the proceeds from a new mortgage obtained at a lower interest rate.

refinance re·fi'nance' n.
refinancer re'fi·nan'cer or re'fin·an·cier' (-fĭn-ən-sîr', -fə-năn'-) n.

1. When a business or person revises their payment schedule for repaying debt.

2. Replacing an older loan with a new loan offering better terms.

Investopedia Says:
When a business refinances they typically extend the maturity date. When individuals change their monthly payments, or modify the rate of interest on their loan, it usually involves a penalty fee.

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Refund existing debt. It usually implies selling a new bond issue to provide funds for redemption of a maturing issue, or placing a new mortgage on a house that retires an old mortgage. Refinancing is generally used to raise cash, reduce interest rates, or both.

To replace an old loan(s) with a new loan(s).
Example: Garner has a $30,000 loan against her house, which is worth $200,000. She desires cash to pay for a college education. By refinancing the home with a new $150,000 loan, she will realize $115,000 in cash after paying $5,000 in transaction costs. See Table 46.

Table 46 Refinancing Statement

New loan $150,000

Old debt - 30,000

Cost of loan - 5,000

________

Refinancing: cash proceeds $115,000
Example: Arthur owes $100,000 at 12% interest on a loan with 15 years left, borrowed 10 years ago. Current interest rates for 15-year loans are 6%. Arthur can refinance and reduce his payment from $1,200 per month to $844 per month.

Dansk (Danish)
v. intr. - refinansiere
v. tr. - refinansiere, omlægge

Nederlands (Dutch)
geld lenen om schuld af te betalen, opnieuw financieren

Français (French)
v. intr. - (Fin) refinancer
v. tr. - (Fin) refinancer

Deutsch (German)
v. - neu finanzieren

Ελληνική (Greek)
v. - εξυπηρετώ χρέος με δανεισμό από άλλη πηγή

Italiano (Italian)
rifinanziare

Português (Portuguese)
v. - organizar as finanças

Русский (Russian)
выделить/получить дополнительные средства

Español (Spanish)
v. intr. - financiar de nuevo
v. tr. - financiar de nuevo, refinanciar

Svenska (Swedish)
v. - satsa pengar på nytt

中文（简体）(Chinese (Simplified))
改革财政, 再提供资金, 再筹措资金, 再为...筹钱, 再供...资金

中文（繁體）(Chinese (Traditional))
v. intr. - 改革財政, 再提供資金, 再籌措資金
v. tr. - 再為...籌錢, 再供...資金

한국어 (Korean)
v. intr. - 재정을 바로잡다, 자금을 보충하다
v. tr. - 재정을 다시 세우다, 자금을 보충하다

日本語 (Japanese)
v. - 財政を立て直す, 資金を補充する, 借り換える

العربيه (Arabic)
‏(فعل) يعيد تمويل‏

עברית (Hebrew)
v. intr., - ‮מימן מחדש‬

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refinance