See Also: Shared Appreciation Mortgage (SAM)(money)
Shared appreciation mortgage (SAM)(finance)
hospital shared services(medicine)
shared paranoid disorder(medicine)
shared psychotic disorder(medicine)
Shared Physical Custody(law)
appreciation(dictionary)
appreciation(dictionary)
Appreciation(finance)
Appreciation(money)

soam (iou) and Shared Appreciation Mortgage (SAM) (money)


soam (iou)



soam noun. Scot. & north. LME.
[Prob. from Old French some pack-saddle, horse-load, but the difference in sense is unexplained.]
A rope or chain attaching a draught horse or Other animal to a wagon, plough, etc. LME.
Mining. Either of a pair of cords used to pull a tub of coal. L18.

Shared Appreciation Mortgage (SAM) (money)


Definition: [crh] A mortgage with a low rate of interest, offset by giving the lender some portion of the Definition: tion"> appreciation in the value of the underlying property.