[{"Bold_text": "verb (used with object)", "List Items": ["to finance .", "to satisfy (a debt) by taking out another loan typically on more favorable terms, as a lower interest rate and reduced monthly payments, or a longer period of time to repay:She was able to refinance her mortgage to a much lower 30-year fixed interest rate.", "to increase or change the financing , as by selling stock or obtaining additional credit:The university issued bonds to refinance the recent construction of a library and dormitory."]}, {"Bold_text": "verb (used without object)", "List Items": ["to arrange new financing for something."]}]