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buy-down

[ bahy-doun ]
/ ˈbaɪˌdaʊn /
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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.
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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use buy-down in a sentence

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