earnest money
noun[U]
ukusmoneythat someonepayswhen theysignanagreementinorderto show that they will do what theagreementsays:
Thebuyersaid he hadpaidearnestmoneyfor theproperty.
Examplesofearnest money
earnest money
If the seller accepts the offer, theearnestmoneyis held in trust or escrow.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.However, typically theearnestmoneydeposit represents a consideration.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Option fee funds should not be confused withearnestmoney.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.If the offer is rejected, theearnestmoneyis usually returned, since no binding contract has been entered into.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Within the contingency period, the investor usually has the right to rescind the offer with no penalty and obtain a refund ofearnestmoneydeposits.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.When one of the parties to a contract receivesearnestmoneyfrom the other, the contract is presumed to be constituted.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Any documentation demonstrating financial qualifications of the buyer(s), such as mortgage loan pre-approval or pre-qualification, may accompany a real estate offer to buy along with anearnestmoneycheck.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.I ordered a choice dinner for twelve, paid theearnestmoney, and made the host promise that everything should be of the best.
FromProject Gutenberg
When a farm worker was engaged he received a shekel for "earnestmoney" or arles, and was penalized for non-appearance or late arrival.
FromProject Gutenberg
Terms were agreed upon, theearnestmoneypaid, and the masons began to work.
FromProject Gutenberg
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- wipe-sth-down
- wipe sth off sth
- wipe-sth-off-sth
- wipe sth off the map
- wipe-sth-off-the-map
- wipe sth out
- wipe-sth-out
- wipe sth up
- wipe-sth-up
- wipe-the-floor-with
- wipe the floor with sb
- wipe-the-floor-with-sb
- wipe the floor with someone
- wipe the slate clean
- wipe-the-slate-clean
- wipe-the-smile-off-face
- wipe the smile off sb's face
- wipe-the-smile-off-sb-s-face
- wipe the smile off someone's face
- wipe-up
- wiping
- WIPO
- Wiponet
- wire
- wire brush