TW Dictionary logoTW Dictionaryby Toppers' Wisdom

refinance

/ˌriːˈfaɪnæns/verb

उच्चारण रीफ़ाइनैन्स

ऋण का पुनर्वित्त करना, कर्ज़ की नई शर्तों पर व्यवस्था करना

Core word

verbrefinances, refinancing, refinanced, refinanced
  1. 1

    [T, I]

    to replace an existing loan with a new one, usually on better terms, or to provide new money for a debt or project

    ऋण का पुनर्वित्त करना, कर्ज़ की नई शर्तों पर व्यवस्था करना

    • The family refinanced their home loan at a lower interest rate.
    • The bank refused to refinance the company's debt.
    • Many homeowners refinance when interest rates fall.
    + 2 more examples
    • The company needed to refinance its debt.
    • They managed to refinance the loan on better terms.
◇Word family
refinancing noun
AaSpelling

re·fi·nance