buydown

English

noun
Definitions
  • (finance) An accelerated repayment of the principal of a loan.
  • (mortgage) 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.

Etymology

Compound from English buy + English down (from a higher position to a lower one, hill).

Origin

English

down

Gloss

from a higher position to a lower one, hill

Concept
Semantic Field

The physical world

Ontological Category

Person/Thing

Kanji

丘, 岡, 阜

Emoji

Timeline

Distribution of cognates by language

Geogrpahic distribution of cognates

Cognates and derived terms