Definition of cash buyer in English:
A person who is able to buy something, especially a property, without needing to take out a mortgage or loan to do so: low mortgage rates, an improving economy, and interest from investors and cash buyers also fueled sales
More example sentences
- He targeted cash buyers and those who had been offered the chance to buy council homes.
- The sensitivity of housing markets to tighter borrowing conditions depends on the amounts of fixed-rate or floating-rate mortgages, the number of cash buyers, and the preponderance of investors as opposed to owner-occupiers.
- The amount a private investor will pay for a property is often far more than an institution, as a private investor is often looking for a return that is better than cash - i.e. base rates as they are often cash buyers.
Definition of cash buyer in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan