Refinancing Meaning in English
word · lemma: refinance
ˈɹiˈfaɪˌnænsɪŋ/, /ˌɹifəˈnænsɪŋ
ree-FY-nan-sing
ɹɪfaɪnˈænsɪŋ
ri-fy-NAN-sing
Definition
Refinancing is the process of replacing an existing loan or debt with a new one, often to get better interest rates or payment terms.
Usage & Nuances
Mainly used in financial and banking contexts. Common with mortgages, car loans, or student loans. Phrases like 'mortgage refinancing' or 'auto loan refinancing' are frequent. Usually formal; rarely used outside finance.
Spanish: refinanciaciónPortuguese (BR): refinanciamentoPortuguese (PT): refinanciamentoChinese (Simplified): 再融资Chinese (Traditional): 再融資Hindi: पुनर्वित्तArabic: إعادة التمويلBengali: পুনঃঋণ গ্রহণ - ঋণ পুনর্গঠনRussian: рефинансированиеJapanese: 借り換え - リファイナンスVietnamese: tái cấp vốn - tái tài trợKorean: 재융자Turkish: yeniden finansman - refinansmanUrdu: دوبارہ فنانسنگIndonesian: refinancing - pembiayaan ulang
Example Sentences
We are considering refinancing our home loan.
basic
Refinancing can lower your monthly payments.
basic
The bank offers refinancing options for car loans.
basic
After talking to our financial advisor, we decided refinancing made sense.
natural
Is refinancing really going to save me money in the long run?
natural
They helped me with the refinancing paperwork last week.
natural