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What is another word for refinancing?

Pronunciation: [ɹɪfa͡ɪnˈansɪŋ] (IPA)

The act of refinancing generally refers to obtaining a new loan to replace an existing one. Synonyms for refinancing include loan modification, debt restructuring, and mortgage renewal. Other synonyms that may apply include loan consolidation, debt consolidation, and loan reorganization. Refinancing typically occurs when a borrower finds a better interest rate or terms of the loan than what they currently have, or they may need to restructure their debt in a more advantageous manner. By utilizing these synonyms, borrowers can effectively communicate their intentions to lenders, with the hope of securing a more favorable loan.
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What are the paraphrases for Refinancing?

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 Refinancing?

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

  • Other hypernyms:

    debt restructuring, financial restructuring, capital restructuring, loan refinancing, loan restructuring, mortgage refinancing.

Usage examples for Refinancing

I am glad to tell you that refinancing in both of these cases is proceeding with good success and in all probability within the financial limits set by the Congress.
"Complete State of the Union Addresses from 1790 to the Present"
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These bonds represent a convenient method of investment for small savers, and also an anti-inflationary method of refinancing.
"Complete State of the Union Addresses from 1790 to the Present"
Various
The interest policies followed in the refinancing operations will have a major impact not only on the provision for interest payments in future budgets, but also on the level of interest rates prevailing in private financing.
"Complete State of the Union Addresses from 1790 to the Present"
Various

Famous quotes with Refinancing

  • 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
  • Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
    Franklin Raines

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