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Buydown
Meaning
Noun
●
In Finance:
An
accelerated
repayment
of the
principal
of a loan.
●
In 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
.
Sourced from
Wiktionary
Origin
buydown
English
buy
English
byen
Middle English (1100-1500)
down
English
doun
Middle English (1100-1500)
dun
Old English (ca. 450-1100)
dune
Old English (ca. 450-1100)
dún
Old Norse
Sourced from
Etym
Synonyms
Prepayment
Accelerated
Buy-Down
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