Definition of key money in English:
Money paid to a landlord as an inducement by a person wishing to rent a property.
- It has been at least a decade since the lease on a building on that pitch in Bond Street came on the market and it is the only location in London that would achieve key money of that amount.
- However, if the owners pay their taxes, then key money is fine as far as the Revenue Office is concerned.
- Everyone who has ever been asked for key money has pondered the same questions.
Definition of key money in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia