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What is another word for refinanced?

Pronunciation: [ɹɪfa͡ɪnˈanst] (IPA)

When considering financial matters, the term "refinanced" often comes into play. However, there are alternative expressions that can be utilized to convey the same meaning. For instance, one might employ "restructured" when discussing the act of revising a financial agreement. Another synonym, "renewed", implies extending or prolonging the duration of a loan or mortgage. Additionally, one can use "revised" to suggest making alterations to an existing financial arrangement. "Recapitalized" is another alternative, emphasizing the infusion of capital or funds into an existing loan. Consequently, understanding these synonyms enhances communication and enables individuals to express the act of "refinancing" concisely, understandably, and with variety.
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What are the opposite words for refinanced?

The term refinanced refers to the process of obtaining a new loan to pay off an existing one. Antonyms for refinanced may include words like default, foreclose, repossess, or forfeit. These words refer to situations where a borrower cannot repay a loan, leading to the lender taking possession of the collateral. Other antonyms for refinanced might include "maintain," "continue to pay," or "defer payments," as these options allow for the borrower to keep their current loan terms rather than seeking out new ones. In contrast, refinancing is a proactive decision that borrowers make to save money, adjust their loan terms, or consolidate debts.

What are the antonyms for Refinanced?

Usage examples for Refinanced

Millions of Americans have refinanced their homes and our economy has produced 1.6 million private-sector jobs in 1993, more than were created in the previous four years combined.
"Complete State of the Union Addresses from 1790 to the Present"
Various

Famous quotes with Refinanced

  • Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.
    Martin Feldstein

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