Skip to content
vocaboo
Beta
Log in

refinancing

Pronunciation: [ˌriːˈfaɪnænsɪŋ]

Word

Learn how to use refinancing in a sentence: 6 audio examples across 2 meanings.

Context: “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.

Example

After refinancing her mortgage, she managed to save money each month.

Example

He didn't consider refinancing the loan, and ended up paying more in interest.

Example

Have you thought about refinancing your student loans to get a lower rate?

Context: “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.

Example

They decided to refinance their car loan to reduce their monthly payments.

Example

She chose not to refinance because the new interest rates were higher than before.

Example

Are you planning to refinance your home loan this year?

How to pronounce refinancing

Pronunciation: [ˌriːˈfaɪnænsɪŋ]

Listen and repeat as many times as you need.

0s
0s