earnest money

noun Law.

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

Origin of earnest money

First recorded in 1550–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Related Words for earnest money

deposit, binder, earnest, security

Examples from the Web for earnest money

Historical Examples of earnest money