Refinanciar (en. Refinance)

/refinansiˈar/

Meaning & Definition

EnglishSpanish

verb

Operate a new financing contract to pay off a previous debt.

I decided to refinance my mortgage to get a better interest rate.

Decidí refinanciar mi préstamo hipotecario para obtener una mejor tasa de interés.

Modify the terms of an existing credit.

The company is looking to refinance its debts to improve its cash flow.

La empresa está buscando refinanciar sus deudas para mejorar su flujo de caja.

Restructure the debt with a new agreement.

Refinancing the credit card allowed me to reduce my monthly payments.

Refinanciar la tarjeta de crédito me permitió reducir mis pagos mensuales.

From the prefix 're-' indicating repetition and 'finance,' which comes from the French 'financer.'

refinance a debt

Obtain a new loan to pay off an existing debt.

refinanciar una deuda

mortgage refinancing

Process of changing the terms of a mortgage loan.

refinanciación hipotecaria

refinance a loan

Modify the conditions of a loan to make it more manageable.

refinanciar un préstamo

finance

Provide funds for a project or business.

financiar

debt

Financial obligation that is owed to another person or institution.

deuda

interest

Cost of borrowed money expressed as a percentage.

interés

Quick refinancing

I did a quick refinancing to get out of financial trouble.

Hice un refinanciamiento rápido para salir de problemas financieros.

Instant refinancing

With this app, you can refinance instantly with no hassle.

Con esta aplicación, puedes refinanciar al instante sin complicaciones.