Refinances
/rɪˈfaɪnænsɪz/
Definitions
- (v.) Third-person singular present of refinance: to obtain a new loan to pay off an existing one under different terms.
The company refinances its debt to secure a lower interest rate.
Forms
- refinance
- refinanced
- refinancing
Related terms
See also
Commentary
Use the base form 'refinance' for detailed definitions; 'refinances' is its simple present third-person singular form.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.