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refinance

/ˌriːˈfaɪnæns/

Translations

refinancenoun

refinances

/ˌriːˈfaɪ.næns/

/ˌriˈfaɪ.næns/

The bank offers refinance options for home loans.

Банк предлагает варианты рефинансирования ипотечных кредитов.

refinanceverb

refinanced

Past Simple

refinanced

Past Participle

refinancing

Gerund

/ˌriːˈfaɪnæns/

They decided to refinance their mortgage to get a lower interest rate.

Они решили рефинансировать свою ипотеку, чтобы получить более низкую процентную ставку.

Synonyms

refinancenoun

The act or process of revising the terms of an existing credit agreement, typically to take advantage of lower interest rates.

The refinance of the mortgage saved them hundreds of dollars each month.

A new loan or credit arrangement that replaces an earlier one.

Their new refinance reduced the loan term from 30 years to 20.

refinanceverb

To obtain a new loan to pay off an existing loan, typically to secure better terms such as a lower interest rate.

They decided to refinance their mortgage to take advantage of the lower interest rates.

To provide new financing or restructure existing debt for (a borrower, company, or asset).

The bank agreed to refinance the startup, allowing it to expand operations.