Word info Synonyms Antonyms

earnest money

Noun

Meaning

money given by a buyer to a seller to bind a contract

Source: WordNet

Alternative names

earnest-money

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Hypernyms

Examples

My client wrote a beautiful offer that escalated 26% over list price, waived all contingencies, released earnest money early, and was all cash. Source: Internet

The bid will officially be awarded at the next meeting, Nov. 17, and the group has 10 days to put up the 2 percent earnest money, which is non-refundable. Source: Internet

The traders asked the excise department to return part of the earnest money amounting to Rs 58 crore. Source: Internet

Your earnest money will be deposited into an account or held by the listing agent. Source: Internet

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