noun
US/ˌriː.fəˈnæn.sɪŋ/
UK/ˌriː.faɪˈnæn.sɪŋ/
replacing an old loan with a new one, usually to pay less interest
In context
Refinancing our home loan lowered our monthly payments by almost a hundred dollars.
Short entry. Full notes coming.
replacing an old loan with a new one, usually to pay less interest
Refinancing our home loan lowered our monthly payments by almost a hundred dollars.
Short entry. Full notes coming.