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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.

You would also likely end up losing any deposits or earnest money you have paid thus far.

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

Going through with a sale because you didn’t want to lose the earnest money is a perfect example of sunk cost fallacy.

From Slate • Nov. 21, 2022

Some contracts will provide that the buyer loses his earnest money or down payment if the buyer fails to close on the purchase of a home.

From Washington Post • Oct. 4, 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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