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earnest paymentn. a deposit paid to demonstrate commitment and to bind a contrac...
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earnest paymentA partial payment (deposit) demonstrating commitment in a contractual relationship, and commonly made in real estate transactions. The remainder of the payment is due on a particular date or after a p [..]
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earnest paymentEarnest payment is a deposit paid to demonstrate commitment. It is also used to bind a contract, with the remainder due at a particular time. If the contract is breached by failure to pay, then the ea [..]
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earnest paymentn. a deposit paid to demonstrate commitment and to bind a contract, with the remainder due at a particular time. If the contract is breached by failure to pay, then the earnest payment is kept by the [..]
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