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Refinance vs Modification - What's the difference?

refinance | modification |

As a verb refinance

is (finance) to renew the terms of a loan.

As a noun modification is

the act or result of modifying or the condition of being modified.

refinance

English

Verb

(refinanc)
  • (finance) To renew the terms of a loan.

    • modification

    English

    Noun

    (en noun)
  • the act or result of modifying or the condition of being modified
  • an alteration or adjustment to something
  • * Jim's modification to the radio's tuning resulted in clearer sound.
  • a change to an organism as a result of its environment that is not transmissable to offspring
  • * Due to his sunbathing, Jim's body experienced modifications : he got a tan.
  • (linguistics) a change to a word when it is borrowed by another language
  • * The Chinese word "kòu tóu" had a modification made to become the English "kowtow" .
  • (linguistics) the change undergone by a word when used in a construction (for instance am'' => '' 'm'' in ''I'm )

    • Related terms

    * modify * modifier

    External links

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