TERMIUM Plus®

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FRAIS REDUCTION INTERET [1 record]

Record 1 1994-07-06

English

Subject field(s)
  • Loans
CONT

(In a rebate or low rate financing program), if the consumer chooses the low rate financing, the manufacturer pays the lender (usually an associated finance company) a buy-down fee that reflects the difference between the current market rate and the low rate financing.

French

Domaine(s)
  • Prêts et emprunts

Spanish

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