refinancing
Speech parts
1. refinancing - Noun
2. refinancing - Verb
Meaning
refinancing
present participle of refinance
refinancing (plural refinancings)
(finance) One or more loans or other borrowings that repay and replace previous financings.
Synonyms
Phrases with the word
Examples
Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like.
The more comprehensive and convincing a debt reduction program is, the less likely it is to fail. And remember, just as Germany is grateful to America for the Marshall Plan, Italy would be grateful to Germany for helping it lower its refinancing costs.
Refinancing doesn't reduce your debt, it just restructures it, so be clear about what you want to achieve with a refi.
Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
Accordingly, the strategy focuses on reducing the refinancing risks embedded in the debt portfolio through liability management operations and development of domestic debt markets.