Refinancing,
Definition of Refinancing:
Acquiring a new (usually larger) loan that retires an older (usually smaller) loan over a longer-term, using the same asset(s) as collateral.
Meaning of Refinancing & Refinancing Definition
Acquiring a new (usually larger) loan that retires an older (usually smaller) loan over a longer-term, using the same asset(s) as collateral.
Meaning of Refinancing & Refinancing Definition
Meaning of Refinancing: You can get better interest rates, reduce your monthly payments, or borrow money from your home that was built with a loan. The second loan is obtained to repay the first loan at a higher interest rate.
Definition of Refinancing: The process of repaying existing loans and preparing new loans.
Refinance (something), usually with a new loan at a lower interest rate.
The company will need to refinance 20 20 billion worth of guarantees and bonds