Business terms and jargon explained. Your business dictionary

What is Refinance

To get new financing which modifies the old financing or replaces the old with a totally new financing.

This can be a loan or mortgage where the critical factors need to be revised:

1) Time periods
2) Tax
3) Costs
4) Interest charged
5) Payment schedule
6) Penalties / fees
7) Change in circumstances
8) Change in income

One or all these can be the factor to decide to refinance. Refinance of any loan can be for individuals or companies.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Pecuniary Legacy Accounting Rate of Return Per quod Best Judgement Assessment
ASIC Quantum Ex post facto Business Objects
Sucre Rural Payments Agency JCO National debt
VIES Sui juris Modus Operandi Judgement
Advanced fee fraud External growth Crypto-jacking Peripheral
Pre-Financing Non-Monetary In omnibus County Court
Ingot Overtime Qualifying share Audit Report
Bells and whistles Collateral Leave to appeal Company Tax Return
EBITDA Profit and Loss Responsibility Over Trading Tailwinds
DAN EMS Lessee Registry

Term created / updated 2006-03-15 18:05:21

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.