Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. An accelerated repayment of the principal of a loan.
  • n. 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.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

buy +‎ down

Examples

Comments

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