shared appreciation mortgage

English

Noun

shared appreciation mortgage (plural shared appreciation mortgages)

  1. A mortgage in which the lender agrees to receive some or all of the repayment in the form of a share of the increase in value of the property.
    Synonym: (acronym) SAM
This article is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.