What is another word for refinance?

Pronunciation: [ɹɪfa͡ɪnˈans] (IPA)

Refinance is a common financial term used to denote the process of replacing an existing debt obligation with a new one, often at a lower interest rate. However, there are several other synonyms for the word 'refinance', which include 'restructure', 'renegotiate', 'consolidate', 'repackage', and 'revamp'. Each of these terms describes a unique aspect of refinancing that may align with specific financial or credit needs. For instance, restructure may refer to a modification of existing loan terms, while consolidate may refer to combining multiple debts into a single debt. In any case, understanding the different synonyms for refinance can help borrowers make informed financial decisions.

Synonyms for Refinance:

What are the paraphrases for Refinance?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Refinance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Refinance?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for refinance (as verbs)

Usage examples for Refinance

So unless we try to refinance some real property, say the flagship building downtown-and in this interest-rate environment any rational lender would put a gun to our head-we've got to ink this deal with Cambridge Pharmaceuticals in two months max.
"Syndrome"
Thomas Hoover

Famous quotes with Refinance

  • Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.
    Franklin Raines
  • And let's be honest about it. Hybrid ARMs were never made based on the assumption that the borrowers would be able to make the payment once the loan reset. They were designed as two or three year "bullets" ... with the assumption that home appreciation would allow the borrower to refinance at, or before, reset. Given current conditions in the housing market, this business model is no longer viable, which should come as no shock to anyone.
    Sheila Bair

Word of the Day

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Synonyms:
horse barn, stable.