noun
- loans that are made again or renewed
Usage: finance
verb
- makes a loan again or renews a loan
Usage: finance
Examples
- The bank approved several reloans for existing customers.
- After the first loan was paid off, the company reloans the money to new borrowers.
- The credit union specializes in reloans for home improvements.
- She reloans her personal funds to help small businesses.
- The financial institution tracks all reloans carefully.
- He reloans the capital as soon as it becomes available.