shared appreciation mortgage

A mortgage giving the lender the right to recover (as contingent interest) an agreed percentage of the property’s appreciation in value when it is sold or at some other specified, future date. — Abbr. SAM.

---

词条贡献者

译员李明，毕业于英国顶尖的高级翻译学院，专注翻译各种与调查和白领犯罪辩护有关的法律文件。