Earnest

Deposit, the term comes from the ancient Romans' aravoana "and is part of a bargaining price, the date in advance. It can be represented as a sum of money or moveable property which is given by a Contracting Party to the other party relating to the execution price of works, purchase of goods or rendering of services, as evidence of a definitive agreement for execution of the event agreement (contract). If the one who gave the pledge of giving up performance, lose deposit. Conversely, if the other party give up the performance of the contract is obligated to return the deposit received bent. Earnest is given, as a general rule, both at issuance of contracts of sale, the execution of works, services, including rental opportunity.