refinancing

[ree-fi-nans, ree-fahy-nans]

re·fi·nance

[ree-fi-nans, ree-fahy-nans]
verb (used with object), re·fi·nanced, re·fi·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.

Origin:
1905–10; re- + finance
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Refinancing is always a great word to know.
So is gobo. Does it mean:
a fool or simpleton; ninny.
a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.
Collins
World English Dictionary
refinancing (ˌriːfɪˈnænsɪŋ)
 
n
a method of paying a debt by borrowing additional money thus creating a second debt in order to pay the first

Collins English Dictionary - Complete & Unabridged 10th Edition
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