Century Dictionary and Cyclopedia
- n. Money paid as earnest to bind a bargain or ratify and confirm a sale. Also called hand-money.
- n. Money paid as a deposit to show intent to buy or to reserve an item to be purchased; especially, money accompanying an offer to buy real estate.
GNU Webster's 1913
- n. (Law) money paid as earnest, to bind a bargain or to ratify and prove a sale.
- n. money given by a buyer to a seller to bind a contract
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