refinance
Pronunciación: [ˌriːˈfaɪnæns]
Palabra
Contexto: «finance»
(verb) to borrow money again or change your loan to get better terms. It's like saying, 'I want to update my money deal to save some costs or get more time to pay back.'
Ejemplo
She decided to refinance her mortgage to take advantage of the lower interest rates.
Ejemplo
He couldn't refinance the loan because he had missed too many payments.
Ejemplo
What are the benefits of refinancing your home loan?
Contexto: «finance»
(noun) the act of borrowing money again or changing a loan. It's a process that helps people manage their money better, like finding a new deal for a car loan.
Ejemplo
The refinance of her student loans made payments more manageable.
Ejemplo
The refinance was not helpful because the terms became worse.
Ejemplo
How can a refinance help reduce monthly payments?
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