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
refinancingnoun
One or more loans or other borrowings that repay and replace previous financings.
Wikipedia
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
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
Numerology
Chaldean Numerology
The numerical value of refinancing in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of refinancing in Pythagorean Numerology is: 1
Examples of refinancing in a Sentence
The process makes CLOs more democratic because when the deal refinances, everyone can participate and it makes the process easier and the cost of the refinancing comes down, this idea will grow; that’s our objective.
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.
If you work hard, and do you part, you should be able to get ahead and stay ahead, but the Republicans, they want to go back to letting the super wealthy call the shots. They don't stand up for equal pay for women. They don't support paid family leave. They don't even really support refinancing student debt.
Absent a material improvement in oil and gas prices or a refinancing or some restructuring of our debt obligations or other improvement in liquidity, we may seek bankruptcy protection to continue our efforts to restructure our business and capital structure.
Many banks have told us they will let existing liabilities run off and replace them in the course of normal refinancing.
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Translations for refinancing
From our Multilingual Translation Dictionary
- पुनर्वित्तHindi
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"refinancing." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/refinancing>.
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