Short Dictionary of (mostly American) Legal Terms and Abbreviations.
earnest money — earnest mon·ey n: money used as earnest Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. earnest money … Law dictionary
earnest money — A sum of money paid by a buyer at the time of entering a contract to indicate the intention and ability of the buyer to carry out the contract. Normally such earnest money is applied against the purchase price. Often the contract provides for… … Black's law dictionary
earnest money — A sum of money paid by a buyer at the time of entering a contract to indicate the intention and ability of the buyer to carry out the contract. Normally such earnest money is applied against the purchase price. Often the contract provides for… … Black's law dictionary
earnest money — noun money given by a buyer to a seller to bind a contract • Syn: ↑arles • Hypernyms: ↑earnest … Useful english dictionary
earnest money — Law. money given by a buyer to a seller to bind a contract. [1550 60] * * * … Universalium
earnest money — noun chiefly US money paid to confirm a contract … English new terms dictionary
earnest money — /ˈɜnəst mʌni/ (say ernuhst munee) noun Law a nominal sum, not legally required but sometimes given as a token of intention to abide by a contract …
earnest money — Deposit made when entering into a contract … American business jargon
CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… … Encyclopedia of Judaism
earnest payment — index pledge (security) Burton s Legal Thesaurus. William C. Burton. 2006 earnest payment … Law dictionary
