purchase money

noun

Legal Definition of purchase money

 (Entry 1 of 2)

: the consideration paid or to be paid by the purchaser of property

purchase money

adjective

Legal Definition of purchase money (Entry 2 of 2)

: involving or being a debt secured by the property purchased with the money borrowed — see also purchase money mortgage at mortgage

Comments on purchase money

What made you want to look up purchase money? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

an enemy or opponent

Get Word of the Day daily email!

Test Your Vocabulary

Name That Thing: Animal Edition

  • alt 5a023732e6f75
  • Name that animal:
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!