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A.Word.A.Daywith Anu Garg
noun: Earnest money: a small sum given to show commitment and to bind a contract in a purchase, with the remaining amount due later.
From the earlier belief that some of the earnest money should be devoted to some religious purpose. Earliest documented use: 1340.
"The exchange of God's penny was the common seal of a deal."
N.S.B. Gras; Business and Capitalism; Beard Books; 2003.
A THOUGHT FOR TODAY:The least pain in our little finger gives us more concern and uneasiness than the destruction of millions of our fellow-beings. -William Hazlitt, essayist (1778-1830)