This is the 13471st most frequent Spanish word.
refinanciar
To refinance.
Here, 'refinanciar' is used to describe the process of revising the terms of an existing financial agreement, typically to benefit from improved conditions.
Decidimos refinanciar nuestra hipoteca para obtener un mejor interés.
We decided to refinance our mortgage to get a better interest rate.
In this context, 'refinanciar' refers to a business activity aimed at restructuring financial obligations to adapt to new economic circumstances.
La empresa necesita refinanciar su deuda debido a los cambios en el mercado.
The company needs to refinance its debt due to market changes.
Here, 'refinanciar' is applied to the act of altering loan terms to mitigate burdens and simplify financial management for borrowers.