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earnest money

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earnest money

 
Use earnest money in a Sentence
–noun Law.
money given by a buyer to a seller to bind a contract.
Origin:
1550–60
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: earnest mon·ey
Function: noun
: money used as earnest
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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