Pronunciation: (rē"fi-nans', rē-fī'nans), Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/refinance.html on line 71 [key]
—v.t., -nanced, -nanc•ing.
1. to finance again.
2. to satisfy (a debt) by making another loan on new terms: She just refinanced her mortgage.
3. to increase or change the financing of, as by selling stock or obtaining additional credit.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.