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Refinanced Meaning in English

word · lemma: refinance

ˈɹiˈfaɪˌnænst/, /ˌɹifəˈnænst
ree-FY-nanst or ree-fuh-NANST
ɹɪfaɪnˈænst
ri-fy-NANST

التعريف

Changed the terms of a loan or debt, usually to get lower interest rates or different payment conditions.

الاستخدام والفروق الدقيقة

Used in formal, financial contexts for loans, mortgages, or debts. Key collocation: 'refinanced a loan/mortgage.' Not used for smaller informal debts; mostly relates to banks or official lenders.

جمل نموذجية

She refinanced her mortgage to get a better interest rate.

basic

Last year, we refinanced our car loan.

basic

The company refinanced its debt to avoid bankruptcy.

basic

We refinanced because the new rates were too good to pass up.

natural

After ten years, they refinanced to shorten their loan term.

natural

The bank called to say my loan was successfully refinanced.

natural