What does REFINANCING mean?

Definitions for REFINANCING
re·fi·nanc·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word REFINANCING.


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Wiktionary

  1. refinancingnoun

    One or more loans or other borrowings that repay and replace previous financings.

Wikipedia

  1. Refinancing

    Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, common forms of refinancing include primary residence mortgages and car loans. If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring.

Wikidata

  1. Refinancing

    Refinancing may refer to the replacement of an existing debt obligation with a debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, a common form of refinancing is for a place of primary residency mortgage. If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring. A loan might be refinanced for various reasons: ⁕To take advantage of a better interest rate ⁕To consolidate other debt into one loan ⁕To reduce the monthly repayment amount ⁕To reduce or alter risk ⁕To free up cash

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Numerology

  1. Chaldean Numerology

    The numerical value of REFINANCING in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of REFINANCING in Pythagorean Numerology is: 1

Examples of REFINANCING in a Sentence

  1. David Mitchell:

    All across the country, people are struggling to pay for their prescription drugs, they're doing things like refinancing their homes and going without food to pay for their drugs.

  2. Bjarni Torfason:

    As we go into the second half of the year there is [a] strong incentive to try and refinance if possible because after December 24 it will require complying with risk retention, which is costly, if it is possible to do an economical refinancing before that comes into play then that would be preferable.

  3. Ryan Mohr:

    While your monthly payment may go down, refinancing back to a 30-year loan may end up costing you more interest because you're essentially starting over.

  4. Fearnley Securities analyst Haakon Omsted:

    The reason for the sell-off is increased fears of a dilutive equity issue in relation to the refinancing, that is why the market reacts the way it does in our view.

  5. Warut Promboon:

    The strong names will get the benefit of cheap funding because the central bank will keep monetary conditions easy while the riskier credits will have a hard time refinancing because of weakening metrics.

Popularity rank by frequency of use

REFINANCING#10000#10746#100000

Translations for REFINANCING

From our Multilingual Translation Dictionary

  • पुनर्वित्तHindi

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"REFINANCING." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/REFINANCING>.

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