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Refinancing: Definition from Answers.com
Refinancing 1. Banking. A loan that adds to the principal balance owed, usually for property or home improvements, and alters the payment amount and terms. http://www.answers.com/topic/refinancing |
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What is refinancing? definition and meaning
Definition of refinancing: Paying off an existing loan with the proceeds from a new loan, usually of the same size, and using the same property as collateral. In order to ... http://www.investorwords.com/4115/refin... |
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