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Definition of Buydown
1. Noun. (context: finance) An accelerated repayment of the principal of a loan. ¹
2. Noun. (context: 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. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Buydown
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