Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance An accelerated repayment of the principal of a loan.
- noun 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
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Examples
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Mr. Dauch said he expects the buydown payments will average between $90,000 and $95,000 per employee.
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Their wish list includes a $22,000 tax credit for home buyers and a mortgage-rate buydown that would trim rates to as low as 2.99%.
Lower Rates Help Sell Houses, but Market Faces Broader Ills 2008
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These payments relate primarily to AAM's remaining obligations under hourly and salaried attrition programs and the buydown program BDP for UAW represented associates at AAM's Three Rivers, Michigan; and Cheektowaga, New York manufacturing facilities.
unknown title 2011
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O budget, she suggested revising a budget amendment approved April 6 providing for a $250,000 buydown toward the city's unfunded liability in the Texas Municipal Retirement System.
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She said the buydown could be put on hold and reconsidered at the end of the city's fiscal year.
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O budget, she suggested revising a budget amendment approved April 6 providing for a $250,000 buydown toward the city's unfunded liability in the Texas Municipal Retirement System.
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She said the buydown could be put on hold and reconsidered at the end of the city's fiscal year.
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O budget, she suggested revising a budget amendment approved April 6 providing for a $250,000 buydown toward the city's unfunded liability in the Texas Municipal Retirement System.
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She said the buydown could be put on hold and reconsidered at the end of the city's fiscal year.
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O budget, she suggested revising a budget amendment approved April 6 providing for a $250,000 buydown toward the city's unfunded liability in the Texas Municipal Retirement System.
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