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 definitions
Mentioned in these terms
Popular 'Accounting & Auditing' Terms
refinancing in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/refinancing.html







