Have you ever found yourself puzzled over how to spell the word ‘refinance’? You’re not alone-this term can trip up even the most seasoned writers! In this article, we’ll guide you through the intricacies of spelling ‘refinance’ letter by letter, ensuring you pronounce it correctly along the way. With handy audio clips and a clear breakdown of its syllables, you’ll feel confident using this word in no time. Plus, we’ll highlight common misspellings to avoid and provide practical example sentences to enhance your understanding. So, let’s dive in and demystify ‘refinance’ together!
How Do You Spell ‘refinance’ in English?
Wondering how to spell and pronounce the word ‘refinance’ correctly? Here’s a simple breakdown to help you.
| r | e | f | i | n | a | n | c | e |
| ɑr | iː | ɛf | aɪ | ɛn | eɪ | ɛn | siː | iː |
The word ‘refinance’ is spelled r – e – f – i – n – a – n – c – e, and the phonetic transcription of each letter is /ɑr/ – /iː/ – /ɛf/ – /aɪ/ – /ɛn/ – /eɪ/ – /ɛn/ – /siː/ – /iː/. The full phonetic transcription of the word ‘refinance’ is /ˌriːˈfaɪnæns/.
Listen to the Spelling of ‘refinance’
Want to hear how to spell ‘refinance’? Just press play below!
What Does ‘refinance’ Mean?
Refinance means to replace an existing loan with a new one, often to get better terms like a lower interest rate.
How to Use ‘refinance’ – Example Sentences
- 1. After reviewing their financial situation, Mark and Lisa decided to refinance their mortgage to take advantage of the lower interest rates available in the market.
- 2. The company chose to refinance its debt by issuing new bonds, which allowed them to reduce their overall interest payments and extend the maturity of their loans.
- 3. To make their monthly payments more manageable, Jessica opted to refinance her student loans, consolidating them into a single loan with a longer repayment term.
- 4. As part of his financial strategy, Tom consulted with a mortgage broker to explore options to refinance his home and tap into its equity for a home renovation project.
- 5. The government announced new policies that would make it easier for homeowners to refinance their loans without facing excessive fees or penalties, aiming to stimulate the housing market.
Syllable Breakdown of ‘refinance’
The word ‘refinance’ can be divided into syllables as follows: re-fi-nance.
Common Misspellings of ‘refinance’
Here are some of the most frequent mistakes people make when trying to spell ‘refinance’:
- 1. refiance
- 2. refinace
- 3. refinence
- 4. refnance
Avoid these incorrect versions to ensure your writing is accurate and professional!
Thanks for reading! Now you know exactly how to spell and pronounce ‘refinance‘.
From now on, you can be sure you’re using it the right way — whether you write it or say it!
Want to learn more? Check out other tricky words on our site!