Refinanceable
Pronunciation: /ˈɹiˈfaɪˌnænsəbəl/
Refinanceable (adj)
- Able to be paid off by taking a new loan with different terms.
- Suitable for changing the repayment plan through new financing.
Refinanceable (adjective)
Examples
- This loan is refinanceable, so the bank can offer a new rate.
- The lender said the loan is refinanceable if my credit improves.