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earnest money

Meaning of "earnest money" in the English dictionary

DICTIONARY

PRONUNCIATION OF EARNEST MONEY

ˈɜːnɪst ˈmʌnɪ


GRAMMATICAL CATEGORY OF EARNEST MONEY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Earnest money is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES EARNEST MONEY MEAN IN ENGLISH?

Earnest payment

An earnest payment is a specific form of security deposit made in some major transactions such as real estate dealings or required by some official Procurement processes to demonstrate that the applicant is serious and willing to demonstrate an earnest of good faith about wanting to complete the transaction. In ancient times, the earnest payment was called variously an earnest penny, Aries penny, or God's silver. It was either money or a valuable coin or token given to bind a bargain, notably for the purchase or hiring of a servant. According to Black's Law Dictionary, Et cepit de praedicto Henrico tres denarios de Argento Dei prae manibus And he took it from the aforesaid Henry silver three pence handed over God'', A related term is luck money, which relates to a token given back to the buyer by the seller on the completion of a deal, for luck. In Germany, knives are still sometimes packaged with a specially minted "gluecks pfennig" coin or Euro cent - presumably to indicate the buyer and seller are friends.

Definition of earnest money in the English dictionary

The definition of earnest money in the dictionary is something given, usually a nominal sum of money, to confirm a contract.

WORDS THAT RHYME WITH EARNEST MONEY

baldmoney · Ballymoney · bunny · funny · gunny · honey · loadsamoney · money · nonmoney · old-money · petromoney · punny · runny · sonny · Sunni · sunny · tannie · Tunney · tunny · unfunny

WORDS THAT BEGIN LIKE EARNEST MONEY

early-type star · early-warning · earlywood · earmark · earmuff · earn · earn one´s daily bread · earned income · earner · earnest · earnestly · earnestness · earning power · earnings · Earnings Related Benefit · Earnings Related Supplement · earnings-related · EAROM · earphone · earphones

WORDS THAT END LIKE EARNEST MONEY

big money · black money · blood money · bread and honey · call money · cheap money · easy money · even money · in old money · in the money · Monopoly money · old money · on the money · paper money · pocket money · prize money · public money · ready money · smart money · spending money · start-up money

Synonyms and antonyms of earnest money in the English dictionary of synonyms

SYNONYMS

Translation of «earnest money» into 25 languages

TRANSLATOR

TRANSLATION OF EARNEST MONEY

Find out the translation of earnest money to 25 languages with our English multilingual translator.

The translations of earnest money from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «earnest money» in English.
zh

Translator English - Chinese

诚意金
1,325 millions of speakers
es

Translator English - Spanish

arras
570 millions of speakers
en

English

earnest money
510 millions of speakers
hi

Translator English - Hindi

बयाना
380 millions of speakers
ar

Translator English - Arabic

العربون
280 millions of speakers
ru

Translator English - Russian

задаток
278 millions of speakers
pt

Translator English - Portuguese

dinheiro honestamente
270 millions of speakers
bn

Translator English - Bengali

আন্তরিক অর্থ
260 millions of speakers
fr

Translator English - French

arrhes
220 millions of speakers
ms

Translator English - Malay

Wang yang sungguh-sungguh
190 millions of speakers
de

Translator English - German

Angeld
180 millions of speakers
ja

Translator English - Japanese

手付金
130 millions of speakers
ko

Translator English - Korean

착수금
85 millions of speakers
jv

Translator English - Javanese

Dhuwit sithik
85 millions of speakers
vi

Translator English - Vietnamese

tiền một cách nghiêm túc
80 millions of speakers
ta

Translator English - Tamil

ஆர்வமான பணம்
75 millions of speakers
mr

Translator English - Marathi

बयाना रक्कम
75 millions of speakers
tr

Translator English - Turkish

kazanılmış para
70 millions of speakers
it

Translator English - Italian

caparra
65 millions of speakers
pl

Translator English - Polish

zadatek
50 millions of speakers
uk

Translator English - Ukrainian

завдаток
40 millions of speakers
ro

Translator English - Romanian

bani serios
30 millions of speakers
el

Translator English - Greek

σοβαρά χρήματα
15 millions of speakers
af

Translator English - Afrikaans

erns geld
14 millions of speakers
sv

Translator English - Swedish

allvar pengar
10 millions of speakers
no

Translator English - Norwegian

alvor penger
5 millions of speakers

Trends of use of earnest money

TRENDS

TENDENCIES OF USE OF THE TERM «EARNEST MONEY»

Principal search tendencies and common uses of earnest money
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «earnest money».

Examples of use in the English literature, quotes and news about earnest money

EXAMPLES

10 ENGLISH BOOKS RELATING TO «EARNEST MONEY»

Discover the use of earnest money in the following bibliographical selection. Books relating to earnest money and brief extracts from same to provide context of its use in English literature.
1
Modern Real Estate Practice in Illinois
Confusing Terms Earnest money = Trust Account orTrust Money or Special Accounts Money or an Impound Account These terms may be used interchangeably on your exams. In Illinois.. Earnest money deposits. It is customary (although not ...
Fillmore W. Galaty, Wellington J. Allaway, Robert C. Kyle, 2001
2
Michigan Real Estate Basics
It is possible for a broker to place an earnest money deposit into the trust account and, at closing, transfer a check in the amount of the earnest money to the brokerage account in lieu of commission earned. For example, a broker listed a lot for ...
Dearborn Trade, 2004
3
Idaho Real Estate: Practice & Law
Figure 7.1 contains the provisions of the sale in addition to a receipt for the purchaser's earnest money deposit. The Idaho Real Estate Commission requires that the actual amount of money received by the broker as a deposit and the form of ...
‎2001
4
Florida Real Estate Principles, Practices & Law
The types of money that a broker may handle for others in the ordinary course of business include, for example, earnest money deposits (also referred to as good- faith deposits or binder deposits), rent deposits, and security deposits. All cash ...
Linda L. Crawford, David S. Coleman, 2003
5
Real Estate Fundamentals
Binding Agreement Date and shall be applied toward the purchase price of the Property at the time of closing. ln the event any earnest money check is not honored, for any reason, by the bank upon which it Is drawn, Holder shall promptly ...
Wade E. Gaddy, Robert E. Hart, Judy Wolk, 2003
6
Essentials of New Jersey Real Estate
Earnest Money Deposits It is customary, but not essential, for a purchaser to provide a cash deposit (a check) when making an offer to purchase real estate. This cash deposit, commonly referred to as earnest money or a good faith deposit , ...
Edith Lank, Joan Sobeck, Joan m Sobeck, 2004
7
Georgia Real Estate: Practice & Law
Earnest Money. Buyer has paid to Southland Realty ("Holder") earnest money of S 3.000.00 check, OR $ N/A cash, which has been received by Holder. The earnest money shall be deposited in Holder's escrowArust account (with Holder ...
Gregory J. Dunn, 2002
8
Washington Real Estate Practices
Generally, the broker who receives the earnest money is the one responsible for handling the funds properly. Thus, the selling broker is usually the one who is required to deposit the funds, deliver them to the designated third party, or hold ...
Kathryn Haupt, Megan Dorsey, 2006
9
Alabama Real Estate Basics
C 14 What procedures must the broker follow when the buyer and seller disagree about how the earnest money should be distributed? Under certain conditions, the broker is authorized to release disputed earnest money without written ...
Dearborn Financial Publishing, 2003
10
Missouri Real Estate Basics
In the event of a dispute over the return or forfeiture of earnest money, the broker must continue to hold the deposit until presented with a written release signed by all parties or until a civil court action is filed, at which time payment may be ...
Dearborn Trade, 2002

10 NEWS ITEMS WHICH INCLUDE THE TERM «EARNEST MONEY»

Find out what the national and international press are talking about and how the term earnest money is used in the context of the following news items.
1
7 value reminders to offer prospective clients
This advice encompasses guiding buyers on how much earnest money to submit with a purchase offer, setting the closing date and other ... «Inman.com, Jul 15»
2
Sahara property sees bidding war
... the bench asked Gorakhpur Real Estate Developers to deposit Rs 11 crore with the Supreme Court registry as earnest money by Wednesday ... «Times of India, Jul 15»
3
NSIC targets skilling up 17000 people in 2015
"They only have to pay the earnest money," he said. The NSIC has recently signed an agreement with Kolkata-based Gargi Memorial Institute ... «TwoCircles.net, Jul 15»
4
Where the cheque is drawn by the MD of a Company on his …
... earnest money and that he had issued receipt for the same and thus there is no substance in the argument of the respondent that the cheque ... «Live Law, Jul 15»
5
Pure Cycle Corporation Announces Fourth Amendment to Purchase …
... to the Company the remaining $975,000 of the earnest money deposit, which will be non-refundable, subject to certain limited circumstances; ... «MarketWatch, Jul 15»
6
Acquiring Self-Storage Facilities: How to Be a Better Buyer and …
What happens to the earnest money after the inspection period is concluded. Will it be increased? Will some become non-refundable? «Inside Self-Storage, Jul 15»
7
Anyone Can Outback
If you find one in clean condition you better put down earnest money right then or the thing will be gone tomorrow. For something newish ... «Four Wheeler Network, Jul 15»
8
LA Archdiocese Sides With Katy Perry In Battle For Los Feliz …
Sister Rita Callanan and Sister Catherine Rose, heads of the congregation, has accepted a $100,000 earnest money from Hollister as part of ... «Yibada, Jul 15»
9
Houston's king of meat finds bigger location for steakhouse — new …
The chef tells CultureMap that he has put down $50,000 in earnest money to secure the deal on on the new location, which was recently Malibu ... «CultureMap Houston, Jul 15»
10
Greene County sells ambulance shed
“We've had the ambulance shed in White Hall up for sale for a year. A man wants to buy it for $40,000 and he put up $1,000 in earnest money. «Alton Telegraph, Jul 15»
REFERENCE
« EDUCALINGO. Earnest money [online]. Available <https://educalingo.com/en/dic-en/earnest-money>. May 2024 ».
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