define recasting - EAS

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  1. Từ điển

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    re·cast
    [rēˈkast]
    ĐỘNG TỪ
    recasting (hiện tại phân từ)
    1. give (a metal object) a different form by melting it down and reshaping it:
      "in 1919, the bells were recast"
      từ đồng nghĩa:
    2. allocate the parts in (a play or film) to different actors:
      "there were moves to recast the play"
      từ đồng nghĩa:
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  2. Mọi người cũng hỏi
    What does recasting do?

    What situations make recasting a good idea, and is it ever not a smart move?

    • If your home’s value has increased recently, recasting could be a great way to lower your monthly PMI, or get rid of it altogether!
    • It’s easy to do, and it’s a relatively inexpensive way to lower monthly payments if you have the cash.
    • You lower your monthly payments by making one lump sum.

    More items...

    Mortgage Recasting 101: How It Works and What It Does

    www.thetruthaboutmortgage.com/mortgage-recasting-10…
    Tìm kiếm cho:What does recasting do?
    What are the pros and cons of a mortgage recast?
    • Length of mortgage: When you recast, the length of your mortgage stays the same. ...
    • Interest rate: Just as the length of your mortgage does not change, the interest rate also stays the same. ...
    • Tied-up equity: If you apply a lump sum of cash to the principal on your home, you will not have access to that cash in the future. ...

    More items...

    Mortgage Recasting: What You Should Know | Rocket Mortgage

    www.valuepenguin.com/mortgages/how-to-recast-mortga…
    Tìm kiếm cho:What are the pros and cons of a mortgage recast?
    Why you should consider a mortgage recast?

    These are a few reasons you might want to rethink recasting:

    • It doesn’t shorten the length of your mortgage.
    • Your interest rate stays the same, a disadvantage if you have a higher interest rate.
    • More of your cash is tied up in equity.
    • Lender charges a fee, typically no more than a few hundred dollars, to recast a loan.

    Why You Should Consider a Mortgage Recast | 3 Key Properties

    www.valuepenguin.com/mortgages/how-to-recast-mortga…
    Tìm kiếm cho:Why you should consider a mortgage recast?
    How often can I recast my mortgage?
    Your lender will recast your mortgage after the IO period ends and the monthly payment will be significantly higher to account for the fully-amortizing payment over a shorter, 20-year term. Another example is a HELOC , where you get a 10-year draw period and 15-year repayment period.

    Mortgage Recasting 101: How It Works and What It Does

    www.valuepenguin.com/mortgages/how-to-recast-mortga…
    Tìm kiếm cho:How often can I recast my mortgage?
    Phản hồi

  3. Recasting - definition of recasting by The Free Dictionary

    https://www.thefreedictionary.com/recasting

    re·cast 1. To mold again: recast a bell. 2. To set down or present (ideas, for example) in a new or different arrangement: recast a sentence. 3. To change the cast of (a play or film, for example): After bad reviews, the director recast the play before the...

    • Financial Dictionary

      The proposal will now return to the European Parliament for a second …

    • Idioms

      recast in (something) 1. To rework, redevelop, or redesign something to …

    • Recatalog

      Definition, Synonyms, Translations of recatalog by The Free Dictionary

    • Receding

      Define receding. receding synonyms, receding pronunciation, receding …

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  4. Recast Definition & Meaning - Merriam-Webster

    https://www.merriam-webster.com/dictionary/recast

    Definition of recast. transitive verb. : to cast again recast a gun recast a play also : remodel, refashion recasts his political image to fit the times. Other Words from recast Synonyms & …

  6. What is Recasting? - Generational Equity

    https://www.genequityco.com/insights/m-a-basics-what-is-recasting

    To sum up, recasting is a GAAP (Generally Accepted Accounting Principle) approved method by which you are allowed to restate your financials to reflect the true historic profitability of your business. The key point is found in the last sentence of the last definition above: It allows “meaningful comparisons” to other investment opportunities.

    What is recasting in financial statements?
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  7. What does recasting mean? - Definitions.net

    https://www.definitions.net/definition/recasting

    Wiktionary (0.00 / 0 votes) Rate this definition: recasting noun. The adjustment of a loan that would otherwise be defaulted.

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