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Earnest money   /ˈərnɪst mˈəni/   Listen
Earnest money

noun
1.
Money given by a buyer to a seller to bind a contract.  Synonym: arles.






WordNet 3.0 © 2010 Princeton University








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"Earnest money" Quotes from Famous Books



... purpose which it is intended to subserve, divides credit into production-credit (investment of loans in immoveable property and in moveable property engaged in industrial operations), consumption-credit and clearing-credit, or loans made to pay respited purchase and earnest money, inheritances etc. (Kapitalismus ...
— Principles Of Political Economy • William Roscher

... Europe. It is one of the hundred out-stations which supplied the main depots, Boma and Porto da Lenha. Small parties went out at certain seasons provided with rum, gunpowder, and a little cloth; and either bought the "chattels" or paid earnest money, promising to settle the whole debt at their villages. Gidi Mavunga, like most of the elders, was perfectly acquainted with the routes to Nsundi, S. Salvador, and other frontier places, where the bush people brought down their criminals and ...
— Two Trips to Gorilla Land and the Cataracts of the Congo Volume 2 • Richard F. Burton



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