American English

Definition of refinance verb from the Oxford Advanced American Dictionary

 

refinance

 verb
verb
NAmE//ˌriˈfaɪnæns//
 
, NAmE//ˌrifəˈnæns//
 
[transitive, intransitive] refinance (something) (finance)Verb Forms present simple I / you / we / they refinance
 
he / she / it refinances
 
past simple refinanced
 
-ing form refinancing
 
 
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to borrow money in order to pay a debt
See the Oxford Advanced Learner's Dictionary entry: refinance