shared-appreciation mortgage

shared-ap·pre·ci·a·tion mort·gage

S s

Definition of shared-appreciation mortgage words

noun shared-appreciation mortgage 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. 1

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This term is known only to a narrow circle of people with rare knowledge. Only 1% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

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