Refinance Definition–verb (used with object), -nanced, -nanc·ing.
| 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. |
| From Dictionary
From Dictionary
Loan Definition–noun | 1. | the act of lending; a grant of the temporary use of something: the loan of a book. |
| 2. | something lent or furnished on condition of being returned, esp. a sum of money lent at interest: a $1000 loan at 10 percent interest. |
–verb (used with object) | 4. | to make a loan of; lend: Will you loan me your umbrella? |
| 5. | to lend (money) at interest. |
–verb (used without object) | 6. | to make a loan or loans; lend. |
—Idiom| 7. | on loan, | a. | borrowed for temporary use: How many books can I have on loan from the library at one time? |
| b. | temporarily provided or released by one's regular employer, superior, or owner for use by another: Our best actor is on loan to another movie studio for two films. |
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| From Dictionary
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