Purchase money


Also found in: Legal.
the money paid, or contracted to be paid, for anything bought.
- Spenser.

See also: Purchase

References in classic literature ?
"Racal" swore Ben-Levi, "Racal do they mean to defraud us of the purchase money? or, Holy Moses !
Astor were yet completely at stake; the drafts of the Northwest Company in his favor, for the purchase money, not having yet been obtained.
The purchaser is a foreign nobleman, Count de Ville, who effected the purchase himself paying the purchase money in notes `over the counter,' if your Lordship will pardon us using so vulgar an expression.
Wherefore every man who buys a ticket must lay his account with losing the purchase money, which is the value of his own soul."
"I can mail the deposit on the purchase money to-morrow morning, and we can have the thing completed in a fortnight or three weeks--if you say so."
In 2013, he started at Howard Bank to manage the growing retail purchase money mortgage department.
Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders.
First, they must develop strategies to deal with purchase money loans.
* An $11,400,000 purchase money mortgage for the acquisition of a 131,259 square foot office building on Boush Street in Norfolk, VA.
The American bank is looking to purchase money market funds being sold by Royal Bank of Scotland.
Western Union, together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, provides consumers and businesses with ways to send and receive money around the world, to send payments and to purchase money orders.
BUSINESS SOLUTIONS, AN AFFILIATE OF THE ABA, AND FREDDIE MAC have extended their 10-year old alliance helping community banks compete in the "purchase money" mortgage market.