reloan
/riːˈloʊn/
verb
- To lend something again, especially money that has been repaid.
- The bank decided to reloan the repaid funds to a new small business.
- The organization will reloan the donated money to other community projects.
- After she paid back the first loan, the credit union agreed to reloan her the same amount.
Antonyms
noun
- An instance of lending something again; a second or subsequent loan.
- He applied for a reloan to cover the remaining tuition fees.
- The reloan came with a slightly lower interest rate.
- The reloan was approved within a week of the first repayment.