Glossary entry (derived from question below)
Hebrew term or phrase:
הלוואת מיחזור
English translation:
loan refinancing, refinanced loan/mortgage, etc.
Hebrew term
הלוואת מיחזור
5 +2 | loan refinancing, refinanced loan/mortgage, etc. | Yoram Izsak |
3 | recycling loan | Arthur Livingstone |
Feb 3, 2024 08:08: Yoram Izsak Created KOG entry
Proposed translations
loan refinancing, refinanced loan/mortgage, etc.
A refinance occurs when the terms of an existing loan, such as interest rates, payment schedules, or other terms, are revised. Borrowers tend to refinance when interest rates fall. Refinancing involves the re-evaluation of a person or business's credit an
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