buydown (English, noun)
expansion: buydown (plural buydowns)
Senses:
topics: business
finance
glosses: An accelerated repayment of the principal of a loan.
qualifier: mortgage finance
glosses: 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.
Forms:
form: buydowns
tags: plural
form: buy-down
tags: alternative