1. A nominal payment or token act that serves as a pledge or a sign of good faith, esp. as the partial purchase price of property. • Though not legally necessary, an earnest may help the parties come to an agreement.
2. EARNEST MONEY.
1. A nominal payment or token act that serves as a pledge or a sign of good faith, esp. as the partial purchase price of property. • Though not legally necessary, an earnest may help the parties come to an agreement.
2. EARNEST MONEY.