equality money
(UK, property law) Money paid as part of an exchange of real estate to compensate for any difference in value.
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(UK, property law) Money paid as part of an exchange of real estate to compensate for any difference in value.
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Semantically related
- earnest money64%
(chiefly, US) Money paid as a deposit to show intent to buy or to reserve an item to be purchased; especially, money accompanying an offer to buy real estate.
- equalization payment63%
(Canada, legal) In a divorce agreement, a payment made by one spouse to the other in order to create an equal division of assets.
- equalization payment60%
(Canada, government) Extra money transferred from the federal government to a province, drawn from general tax revenue and intended to redistribute some wealth from relatively prosperous provinces to relatively poor provinces.
- money57%
A generally accepted means of exchange.
- property56%
(British) Real estate; the business of selling houses.