You are here: Home / Glossary / g / Good Faith Money

Good Faith Money

Good Faith Money
A deposit into an account made by a buyer to demonstrate the intention of completing the deal. The amount may be a percentage of the actual amount owed on the deal.

Related posts:

  1. Full Faith-and-Credit Obligations
  2. How to Invest in Money Market Accounts
  3. Money Market Demand Account
  4. Money Rate of Return
  5. Money Laundering
Author: Filed Under: g Tagged With: ,

Leave a Comment