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单词 shared-appreciation mortgage
释义 shared-appreciation mortgage
 /shaird"euh pree'shee ay"sheuhn/
 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. Abbr.: SAM
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更新时间:2024/11/11 11:28:08