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Synonyms

earnest money

American  

noun

Law.
  1. money given by a buyer to a seller to bind a contract.


Etymology

Origin of earnest money

First recorded in 1550–60

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

“Typically, the immediate consequence is forfeiting the earnest money deposit you put down,” Will McSeveney says.

From MarketWatch • Feb. 12, 2026

That deposit, often called earnest money, is typically 1% to 3% of the home price.

From The Wall Street Journal • Oct. 31, 2025

I only went through with the purchase because I didn’t want to lose $50,000 earnest money and I thought we were going to instantly put it back on market to try to break even.

From Slate • Nov. 21, 2022

Buyers face pressure to waive their financing contingency, meaning they could lose their earnest money if their loan falls through.

From Seattle Times • Jul. 15, 2021

“You and your husband had recently put down earnest money on this land. Is that correct, Mrs. Heine?”

From "Snow Falling on Cedars: A Novel" by David Guterson

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