Refinancing Second Mortgage


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Refinancing Second Mortgage

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Refinancing Second Mortgage in the Free Online Encyclopedia

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Refinancing Definition

–verb (used with object), -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.
From Dictionary

Second Definition

–adjective
1.next after the first; being the ordinal number for two.
2.being the latter of two equal parts.
3.next after the first in place, time, or value: the second house from the corner.
4.next after the first in rank, grade, degree, status, or importance: the second person in the company.
5.alternate: I have my hair cut every second week.
6.inferior.
7.Grammar. noting or pertaining to the second person.
8.Music. being the lower of two parts for the same instrument or voice: second horn; second alto.
9.other or another: a second Solomon.
10.Automotive. of, pertaining to, or operating at the gear transmission ratio at which drive shaft speed is greater than that of low gear but not so great as that of other gears for a given engine crankshaft speed: second gear.
–noun
11.a second part.
12.the second member of a series.
e53 13.a person who aids or supports another; assistant; backer.
14.Boxing. a person who, between rounds of a prizefight, gives aid, advice, etc., to a boxer.
15.a person who serves as a representative or attendant of a duelist.
16.Automotive. second gear.
17.a person or thing that is next after the first in place, time, or value.
18.a person or thing that is next after the first in rank, grade, degree, status, or importance.
19.Usually, seconds. an additional helping of food: He had seconds on the meat and potatoes.
20.(in parliamentary procedure)
a.a person who expresses formal support of a motion so that it may be discussed or put to a vote.
b.an act or instance of doing this.
21.(in certain British universities) a type or grade of college degree granted according to a student's performance on specific written and oral examinations.
22.Music.
a.a tone on the next degree from a given tone.
b.the interval between such tones.
c.the harmonic combination of such tones.
d.the lower of two parts in a piece of concerted music.
e.a voice or instrument performing such a part.
f.an alto.
23.Usually, seconds. goods below the first or highest quality, esp. containing visible flaws. Compare first (def. 16), third (def. 12).
24.Metallurgy. a piece of somewhat defective but salable tin plate.
25.Baseball. second base.
–verb (used with object)
26.to assist or support.
27.to further or advance, as aims.
28.(in parliamentary procedure) to express formal support of (a motion, proposal, etc.), as a necessary preliminary to further discussion or to voting.
29.to act as second to (a boxer, duelist, etc.).
–adverb
30.in the second place, group, etc.; secondly: The catcher is batting second.
From Dictionary

Mortgage Definition

–noun
1.a conveyance of an interest in property as security for the repayment of money borrowed.
2.the deed by which such a transaction is effected.
3.the rights conferred by it, or the state of the property conveyed.
–verb (used with object)
4.Law. to convey or place (real property) under a mortgage.
5.to place under advance obligation; pledge: to mortgage one's life to the defense of democracy.
From Dictionary

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