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plural fams
(informal) Clipping of family. examples
(colloquial, hospitality industry) Clipping of familiarization. examples
(slang, chiefly African-American Vernacular, MLE, MTE, Internet slang) A term of endearment between friends; derived from "family" but not used between relatives. quotations
“Yo, Audre, so content warning: My mama is wearing booty shorts—or pum-pum shorts, whatever you call it—doing yoga in the backyard. She is very comfortable with herself and her body and all a that, so you been warned, fam.”
2019, Junauda Petrus, The Stars and the Blackness Between Them, Penguin, page 77