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.

Mentioned in these terms

Popular 'Accounting & Auditing' Terms

refinancing in the news

Loading...

This content can be found on the following page:

http://www.businessdictionary.com/definition/refinancing.html

Search for another term



Tools

refinancing is...

... in the Accounting & Auditing and Banking, Commerce & Finance subjects.

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z