buy-down


buy-down
/buy"down'/, n.
a subsidy for a long-term mortgage offered by a third party, as a builder or developer, to lower interest rates for a buyer in the early years of the loan.

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Universalium. 2010.

Look at other dictionaries:

  • buy-down — /buy down /, n. a subsidy for a long term mortgage offered by a third party, as a builder or developer, to lower interest rates for a buyer in the early years of the loan. * * * buy down or buy|down «BY DOWN», noun. U.S. a subsidy by a builder or …   Useful english dictionary

  • buy|down — buy down or buy|down «BY DOWN», noun. U.S. a subsidy by a builder or real estate developer that lowers a buyer s monthly mortgage payments for a specified period …   Useful english dictionary

  • buy down —  A cash payment made to a lender in return for a lower interest rate …   American business jargon

  • buy-down liquidated damages — USA buy down liquidated damages, Also known as performance liquidated damages. As used in project finance, a payment by a contractor to a project owner to reflect future cash flow losses resulting from the ongoing under performance of a project… …   Law dictionary

  • Buy — To purchase an asset; taking a long position. The New York Times Financial Glossary * * * ▪ I. buy buy 1 [baɪ] verb bought PTandPP [bɔt ǁ bɒːt] [transitive] 1 …   Financial and business terms

  • buy — To purchase an asset; taking a long position. Bloomberg Financial Dictionary bid (or buy) An offer to buy a specific quantity of a commodity at a stated price. The price that the market participants are willing to pay. Chicago Mercantile Exchange …   Financial and business terms

  • buy — buyable, adj. /buy/, v., bought, buying, n. v.t. 1. to acquire the possession of, or the right to, by paying or promising to pay an equivalent, esp. in money; purchase. 2. to acquire by exchange or concession: to buy favor with flattery. 3. to… …   Universalium

  • buy — To acquire the ownership of property by giving an accepted price or consideration therefor; or by agreeing to do so; to acquire by the payment of a price or value; to purchase. To obtain something for a price, usually money. See also purchase @… …   Black's law dictionary

  • buy — To acquire the ownership of property by giving an accepted price or consideration therefor; or by agreeing to do so; to acquire by the payment of a price or value; to purchase. To obtain something for a price, usually money. See also purchase @… …   Black's law dictionary

  • Buy More — (Burbank) Industry Retail Founder(s) Moses Finkelstein Headquarters Burbank, CA …   Wikipedia


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