refinancing (Meaning)
refinancing
to revise the terms of (a debt obligation) especially in regard to interest rate or payment schedule, a revision of the terms of a debt obligation (as a mortgage), to renew or reorganize the financing of, to renew or reorganize the financing of something, to finance something anew, a financing of something anew
Synonyms & Antonyms of refinancing
Synonyms:
- bankrolling
- refunding
- footing
- supporting
- grubstaking
- providing (for)
- standing
- defraying
- endowing
- capitalizing
- championing
- maintaining
- staking
- paying
- liquidating
Antonyms:
No strong antonyms found.
Synonyms:
Antonyms:
No weak antonyms found.
refinancing Sentence Examples
- The homeowners decided to refinance their mortgage to secure a lower interest rate.
- By refinancing, they were able to reduce their monthly payments and save money in the long run.
- The bank offered them a competitive refinancing package with flexible repayment terms.
- The process of refinancing can be complex, so it's important to consult with a financial advisor.
- Refinancing allowed the couple to consolidate their debts and simplify their financial situation.
- The refinancing terms included a prepayment penalty, which they were willing to pay for the lower interest rate.
- The refinancing process took several weeks to complete, but it was worth the effort.
- The refinanced mortgage provided the homeowners with peace of mind and financial stability.
- The refinancing option helped them achieve their financial goals and build equity in their home.
- By refinancing, they unlocked the potential of their home's value and improved their overall financial well-being.
FAQs About the word refinancing
to revise the terms of (a debt obligation) especially in regard to interest rate or payment schedule, a revision of the terms of a debt obligation (as a mortgag
underwriting, advocating,financing, sponsoring, co-financing, cofinancing, subsidizing, aiding, funding, patronizing
defunding,,
The homeowners decided to refinance their mortgage to secure a lower interest rate.
By refinancing, they were able to reduce their monthly payments and save money in the long run.
The bank offered them a competitive refinancing package with flexible repayment terms.
The process of refinancing can be complex, so it's important to consult with a financial advisor.
