REFINANCE Definition

Bookmark and Share

REFINANCE is to to renew or reorganize the financing of an asset, e.g. obtaining a new mortgage loan on a property already owned. Often to replace existing loans on the property.

Learn new Accounting Terms

K as the fifth letter of a Nasdaq stock symbol indicates that the issue has no voting rights.

EXTENSION RISK, with mortgage-backed securities, is the risk that rising interest rates will slow the prepayment of underlying mortgages and extend the maturity.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.