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单词 refinance
释义
  • English
  • Business

refinanceverb [ I or T ]

US UK remortgage

to change the terms of a mortgage (= agreement by which you borrow money to buy property) or loan, usually by increasing the amount of it in order to be able to borrow more money:

He got the money to buy more property by refinancing his original house.
If you don't sell or refinance within 10 years, the principal comes due.

refinanceverb [ I or T ]

uk/ˌriːˈfaɪnæns/us

FINANCE to replace a loan with a new one:

refinance sth with sth The firm refinanced its bank loans with $150 million of 30-year bonds.
refinance a loan/debt/mortgage
refinance your home/car
Penalties for early mortgage repayment often make it prohibitively expensive for people to refinance.
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更新时间:2024/9/22 15:42:13