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Definition Of:

EARNEST MONEY

BASSAM Finance DictionaryBASSAM Finance Dictionary
Money deposited by a buyer under the terms of a contract, to be forfeited if the buyer defaults but applied to the purchase price if the sale is closed.
Money given by the Buyer with an offer to purchase. Shows good faith.


 

BASSAM Finance Dictionary INDEX:

List of Terms: Terms beginning with "A", Page 1

A B C D E F G H I J K L M N O P Q R S T U V W Y Z 1 3
1 2 3 4 5 6 7 8 9 10

A: Page 1 of 10.

a.a.r.
a.r.
a d
A S
ABILITY TO PAY
ABSORBED
ACA
ACCELERATED DEPRECI...ACCELERATION CLAUSE
ACCEPTANCE

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