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Earnest money
Money a buyer gives with an offer to purchase a property. Also called a deposit.
Related Terms
Deposit
Money market account
Liquid assets
Commingling
Principal
Capital
Ground rent
Lien
Mortgagor
Reserve fund
Beneficiary
Credit
Firm commitment
Money market funds
Mortgage
Community Reinvestment Act
Option
Down payment
Replacement reserve fund
Purchase-money mortgage
Mortgagee
Pre-approval letter
Mortgage banker
Building and loan association
Cash-out refinance
Certificate of Deposit (CD)
Gift
Inflation
Additional principal payment
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