Search Result for "earnest_money":
Wordnet 3.0

NOUN (1)

1. money given by a buyer to a seller to bind a contract;
[syn: earnest money, arles]


The Collaborative International Dictionary of English v.0.48:

Earnest \Ear"nest\, n. [Prob. corrupted fr. F. arrhes, L. arra, arrha, arrhabo, Gr. 'arrabw`n, of Semitic origin, cf. Heb. [=e]r[=a]v[=o]n; or perh. fr. W. ernes, akin to Gael. earlas, perh. fr. L. arra. Cf. Arles, Earles penny.] 1. Something given, or a part paid beforehand, as a pledge; pledge; handsel; a token of what is to come. [1913 Webster] Who hath also sealed us, and given the earnest of the Spirit in our hearts. --2 Cor. i. 22. [1913 Webster] And from his coffers Received the golden earnest of our death. --Shak. [1913 Webster] 2. (Law) Something of value given by the buyer to the seller, by way of token or pledge, to bind the bargain and prove the sale. --Kent. Ayliffe. Benjamin. [1913 Webster] Earnest money (Law), money paid as earnest, to bind a bargain or to ratify and prove a sale. Syn: Earnest, Pledge. Usage: These words are here compared as used in their figurative sense. Earnest is not so strong as pledge. An earnest, like first fruits, gives assurance, or at least a high probability, that more is coming of the same kind; a pledge, like money deposited, affords security and ground of reliance for the future. Washington gave earnest of his talent as commander by saving his troops after Braddock's defeat; his fortitude and that of his soldiers during the winter at Valley Forge might rightly be considered a pledge of their ultimate triumph. [1913 Webster]
WordNet (r) 3.0 (2006):

earnest money n 1: money given by a buyer to a seller to bind a contract [syn: earnest money, arles]