refinancing
Произношение: [ˌriːˈfaɪnænsɪŋ]
Слово
Контекст: «finance»
(noun) refinancing is the process of replacing an existing loan with a new loan, usually with better terms. This often happens when someone wants to lower their interest rate or change the length of their loan.
Пример
After refinancing her mortgage, she managed to save money each month.
Пример
He didn't consider refinancing the loan, and ended up paying more in interest.
Пример
Have you thought about refinancing your student loans to get a lower rate?
Контекст: «finance»
(verb) to refinance means to take out a new loan to pay off an old loan. People do this when they want better payment terms.
Пример
They decided to refinance their car loan to reduce their monthly payments.
Пример
She chose not to refinance because the new interest rates were higher than before.
Пример
Are you planning to refinance your home loan this year?
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