from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun Money paid as partial payment of a purchase price in order to establish a binding contract of sale.
from The Century Dictionary.
- noun Money paid as earnest to bind a bargain or ratify and confirm a sale. Also called
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Money paid as a
depositto show intentto buyor to reservean item to be purchased; especially, money accompanying an offer to buy real estate.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun money given by a buyer to a seller to bind a contract
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