earnest money

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Related to earnest money: option money, earnest money contract

earnest money

Money paid as partial payment of a purchase price in order to establish a binding contract of sale.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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Noun

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

arles

earnest - something of value given by one person to another to bind a contract

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As soon as the earnest money was paid, D'Artagnan took possession of his lodging, and passed the remainder of the day in sewing onto his doublet and hose some ornamental braiding which his mother had taken off an almost-new doublet of the elder M.

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More competition means buyers put down more earnest money.

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ISLAMABAD -- Pakistan Electronic and Media Regulatory Authority (PEMRA) granted three weeks time to eight broadcasting companies to deposit earnest money of their offered bids.

PEMRA directs 8 companies to deposit earnest money in three weeks

ISLAMABAD: Pakistan Electronic and Media Regulatory Authority (PEMRA) granted three weeks time to eight broadcasting companies to deposit earnest money of their offered bids.

PEMRA directs 8 companies to deposit earnest money in three weeks

LEADING telcos have deposited Rs 14,653 crore as earnest money for the country's largest ever spectrum auction scheduled to kick off from October 1, with Mukesh Ambani- run Reliance Jio accounting for as much as much as ` 6,500 crore, according to figures released by the Department of Telecom on Monday.