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Mortgage holder's action
Answer for the clue "Mortgage holder's action ", 11 letters:
refinancing
Word definitions for refinancing in dictionaries
Wikipedia
Word definitions in Wikipedia
Refinancing may refer to the replacement of an existing debt obligation with another debt obligation under different terms. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as, ...
Wiktionary
Word definitions in Wiktionary
n. (context finance English) One or more loans or other borrowings that repay and replace previous financings. vb. (present participle of refinance English)
Usage examples of refinancing.
He figured they could borrow ten thousand from Joanna's parents, and there was sufficient equity in their house to arrange refinancing to free another twenty.
He'd already started by extending two major loans and refinancing several others.
Efforts to obtain refinancing for such a speculative venture were making little progress until the takeover bid was announced.