Usually means: Reducing interest rate through payment.
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We found 16 dictionaries that define the word buydown:

General (5 matching dictionaries)
  1. buydown: Wordnik
  2. buydown: Wiktionary
  3. buydown: Dictionary.com
  4. Buydown: Wikipedia, the Free Encyclopedia
  5. buydown: Merriam-Webster.com

Business (11 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. buydown: Webster's New World Finance & Investment Dictionary
  3. INVESTORWORDS (No longer online)
  4. Buydown: Bloomberg Financial Glossary
  5. Terms related to the Federal Reserve, banking and economics (No longer online)
  6. MonsterMoving Mortgage Glossary (No longer online)
  7. Real Estate and Mortgage Glossary (No longer online)
  8. Buydown: Investopedia
  9. Buydown: Financial dictionary
  10. BusinessDictionary.com (No longer online)
  11. Buydown: WashingtonPost.com: Business

Definitions from Wiktionary (buydown)

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

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