Buydown Definition
noun
(finance) An accelerated repayment of the principal of a loan.
Wiktionary
(mortgage finance) A payment by a third-party to a lender to reduce some of all of the payments otherwise required, especially in first few years of the loan, thereby enhancing the apparent quality of the loan.
Wiktionary
Other Word Forms of Buydown
Noun
Singular:
buydownPlural:
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