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Definition of Earnest money
1. Noun. Money given by a buyer to a seller to bind a contract.
Definition of Earnest money
1. Noun. Money paid as a deposit to show intent to buy or to reserve an item to be purchased; especially, money accompanying an offer to buy real estate. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Earnest Money
Literary usage of Earnest money
Below you will find example usage of this term as found in modern and/or classical literature:
1. A History of French Private Law by Jean Brissaud (1912)
"Then the giving of earnest money degenerates into a mere formality.7 If it ...
Petrus," II, 14, demands for the formation of a sale neither earnest money, ..."
2. The Principles of German Civil Law by Ernest Joseph Schuster (1907)
"The payment of earnest money in the absence of any contrary agreement has two
... If the performance of the obligation of the giver of the earnest money ..."
3. Benjamin's Treatise on the Law of Sale of Personal Property: With References by Judah Philip Benjamin (1899)
"If the sale afterwards took place, the earnest money was deducted from the price.
If the purchaser declined completing the purchase, he forfeited the ..."
4. Benjamin's Treatise on the Law of Sale of Personal Property: With References by Judah Philip Benjamin, Edmund Hatch Bennett (1888)
"If the sale afterwards took place, the earnest money was deducted from the price.
If the purchaser declined completing the purchase, he forfeited the ..."
5. American Law of Real Estate Agency: Including the Duties and Liabilities of by William Slee Walker (1922)
"Discharging trust by returning earnest money. It is not a breach of trust for a
broker to return earnest monev to procured purchaser, when sale is not ..."
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