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refinancing
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The answer REFINANCING has 0 possible clue(s) in existing crosswords.
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Definitions of refinancing in various dictionaries:
verb - renew the financing of
verb - to supply the money for
REFINANCING - Refinancing is the replacement of an existing debt obligation with another debt obligation under different terms. The terms and conditions of refina...
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Possible Dictionary Clues |
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finance (something) again, typically with new loans at a lower rate of interest. |
the action of replacing a loan with a new one: |
Finance (something) again, typically with new loans at a lower rate of interest. |
Present participle of refinance. |
One or more loans or other borrowings that repay and replace previous financings. |
Refinancing description |
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Refinancing is the replacement of an existing debt obligation with another debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness, and credit rating of a nation. In many industrialized nations, a common form of refinancing is for a place of primary residency mortgage. * If the replacement of debt occurs under financial distress, refinancing might be referred to as debt restructuring. * A loan (debt) might be refinanced for various reasons:* To take advantage of a better interest rate (a reduced monthly payment or a reduced term) * To consolidate other debt(s) into one loan (a potentially longer/shorter term contingent on interest rate differential and fees) * To reduce the monthly repayment amount (often for a longer term, contingent on interest ra |