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Definition of purchase money - 2 dictionary results
Legal Dictionary

Main Entry: purchase money
Function: noun
: the consideration paid or to be paid by the purchaser of property
Legal Dictionary

Main Entry: purchase money
Function: adjective
: involving or being a debt secured by the property purchased with the money borrowed —see also purchase money mortgage at MORTGAGE
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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