earnest
- noun
- /ˈɜrnɪst/
- Formal
- The buyers provided an earnest deposit to demonstrate their commitment to the property.
Is up then you've got the chance of losing more money, which is your earnest money deposit.
- Is up then you've got the chance of losing more money, which is your earnest money deposit.
- They'll put down earnest money contract the contracts between their IRA and then the buyer, right.
- Expiring the earnest money being refunded to buyer.
- Buyers walking away from like decent earnest money or down payments because they don't want to close, Agents failing to understand how do they help the client bridge the gap.
Examples
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The offer's this much the earnest money is this the and the offer's written it executed right.
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We had seven days to turn in the earnest money and on day five we decided to not do it.
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And if they decide not to close, then they can get their earnest money and due diligence feedback.
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Expiring the earnest money being refunded to buyer.
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To secure the purchase of their new home, they submitted the required earnest money as a pledge.
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Before signing the contract, she made sure to send the earnest money to the seller as part of the agreement.
Synonyms
An item given to someone to hold until you pay back a debt
A sum of money a buyer gives the seller to show they plan to buy
Idioms
Compounds
Surface Forms
Etymology
The noun earnest for a small payment comes from the old English eornost meaning 'seriousness'. People would give a small 'earnest' to show they really meant a deal, so an earnest is a 'pledge' that proves your commitment.