shared-appreciation mortgage
[ shaird-uh-pree-shee-ey-shuh n ]
/ ˈʃɛərd əˌpri ʃiˈeɪ ʃən /
noun
a type of mortgage that carries a smaller down payment or lower interest rate than usual in return for the lender's sharing in the appreciation of the property at some future date, as at the time of its sale. Abbreviation: SAM
Words nearby shared-appreciation mortgage
sharecropping,
shared care,
shared logic,
shared ownership,
shared resources,
shared-appreciation mortgage,
sharefarmer,
shareholder,
shares,
sharesave,
sharett