key money


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key money

n.
Payment made to a landlord as an inducement to assure a rental.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

key money

n
a fee payment required from a new tenant of a house or flat before moving in
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

key′ mon`ey


n.
1. advance rent or security required of a new tenant in exchange for the key to an apartment or house.
2. money paid, usu. secretly, to a landlord, superintendent, or current tenant by a person desiring future occupancy.
[1895–1900]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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And unlike the leasing traditions in the Gold Souq, District 13 shops will not require "key money" from its tenants.
The acquisition was funded with proceeds from the company's recently completed preferred stock offering, cash on hand and USD 2min key money provided by Ashford Inc.
China's key money rate fell to nearly a 10-month low, shrugging off a net drain in open market operations due to ample liquidity.
The transaction was a key money deal with the prior tenant, who operated the space as a bar.
Japan's key money supply gauge expanded at its fastest pace in a year last month as more companies sought liquidity in hand after the March 11 disaster crippled manufacturers and other businesses, the Bank of Japan said Monday.
Japanese tenants are usually required to pay a non-refundable reikin (key money) worth several months rent to the landlord.
A key money saving technical advantage of the 220 Series is said to be that it offers simultaneous directed material flow for a single product or multiple families of products that have the same, identical material requirements, yet must be extruded in different end use sizes.
Japan's key money supply indicator grew at an average pace of 2.9% in May from a year earlier, the Bank of Japan (BOJ) said in a preliminary report released Friday.
Accordingly, with start-up tenants, landlords have more customarily sought alternative financial incentives to "enhance" the tenants' credit, including cash security deposits, prepaid rent, letters of credit and "key money." While these alternative forms of security may be the only viable choice if creditworthy guarantors are not available, they are not immune to the effects of the tenants' bankruptcy.
TOKYO, March 9 Kyodo The key money rate was flat in Tokyo on Tuesday morning as the central bank pumped funds of more than 1 trillion yen into the market for the eighth straight trading day.
Like the "key money" bribes paid to apartment managers in rent-controlled New York City, "soft money" provides a back-door path for access buyers to meet up with access sellers.
(NYSE: AINC) is providing a total of USD 6m in key money consideration to its managed REITs for two acquisitions, the company said.