A paraphrase is a restatement of the meaning of a text or passage using other words. The term itself is derived via Latin from Greek , meaning "additional manner of expression". The act of paraphrasing is also called "paraphrasis".
parafrasear - paráfrasis o interpretación con otras palabras
Dictionary source: English_Spanish by Jaime Aguirre
English to Spanish translation of paraphrasing (v.) = interpretar, parafrasear. Ex: A musical adaptation is a musical work that represents a distinct alteration of another work (e.g. a free transcription), a work that paraphrases parts of various works or the general style of another composer, or a work that is merely based on other music (e.g. variations on a them).