noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   An accelerated repayment of the principal of a loan.
2. 2
   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.

Synonyms

All synonyms

acceleratedlump sum amortizationprepaymentprepayment

Etymology

From buy + down.

Related phrases

buy down

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.