A deposit that is made in good faith to make a transaction more comfortable. These deposits are often used in real estate deals in order to give a buyer more time in order to lock in financing. The money itself is usually mutually held in a shared account or within a trust until the deal is finalized.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser