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re·fi·nance

/ˌri:fəˈnæns, riˈfaɪˌnæns/ verb

re·fi·nanc·es; re·fi·nanced; re·fi·nanc·ing

[+ obj] : to get a new loan to pay (an older debt) : to finance (something) again
▪ refinance a mortgage ▪ They're refinancing their home.