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earnest
(redirected from Earnest payment)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.03 sec.
earnest
Contract law something given, usually a nominal sum of money, to confirm a contract


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It was my understanding that Arkansas Imaging was going to make payments, down payments, earnest payments, purchase equipment for Good Faith Medical Facility," Roberts said.
Rockwell has completed an earnest payment of US$40,000 to Altoro Gold Corp.
 
 
 
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