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The World Law Dictionary Project

English may be the common language of the world, but the Common Law is not the common law of the world

That’s why, in a unique project, TransLegal has teamed up with leading law schools from around the world to create an online multilingual law dictionary linking the world’s legal languages to a single English law dictionary.

e.g. principle, consideration, jurisdiction
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earnest payment noun

money paid by the buyer to the seller, especially in a real property transaction, to show that the buyer is serious about following through with buying the property; if the buyer ends up buying the property, the money acts as a first payment, and if the buyer eg breaches the contract or acts in bad faith, the money can be kept by the seller
The failure by a purchaser to close on the sale of the property within the allowable period may result in the forfeiture of the entire earnest payment.

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jurisdiction consideration principal


Phrase Bank

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