/ˈɜːnɪst/ – noun
Definition: tiền đặt cọc, sự bảo đảm.
A more thorough explanation: In legal terms, “earnest” refers to a sum of money or other valuable consideration given by a buyer to a seller as a token of the buyer’s intention to complete a transaction, typically a real estate purchase. It signifies the buyer’s commitment to the agreement and is usually forfeited if the buyer fails to fulfill their obligations under the contract.
Example: The buyer provided an earnest money deposit to show their serious intent to purchase the property.