Definition of earnest money in English:
noun[mass noun] chiefly US
Money paid to confirm a contract: the earnest money shall be enclosed along with the sealed tender documents
More example sentences
- To me, this program is no different than a real estate escrow account where the agency holds your earnest money.
- When the stock market started getting a little bit fishy last year, we saw people walk away from significant earnest money, like $70,000, saying they'd come back later.
- I paid him on your account 8 drachmae as earnest money to catch mice in Toka.
Definition of earnest money in:
- US English dictionary
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