slang A shortening of "refinance" or "refinancing" (as of a debt). They suggested that I do a refi on my mortgage since my ex-husband was refusing to help with our mortgage payments.They said I couldn't negotiate my loan any further as I've already gone through three refis with them.
refi
n. refinancing. I’ve done three refis in the past two years. I still owe as much as I started with, but my payments are lower.