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TeachMeFinance.com - explain reprice reprice -- to change the interest rate . Money lent is priced at a rate of interest. It is repriced when the loan matures, the money is repaid and lent at a new rate. A certificate of deposit reprices when the CD matures and is either withdrawn or rolled over at the then prevailing rate. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.