buy-down
[ bahy-doun ]
/ ˈbaɪˌdaʊn /
noun
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.
Words nearby buy-down
buy something,
buy the farm,
buy time,
buy up,
buy-back,
buy-down,
buy-in,
buy-to-let,
buyback,
buyer,
buyer's market