key money

noun
1. Britain : a payment required of a tenant especially of an apartment on taking possession of the key
2. : a bribe paid by a prospective tenant in order to obtain housing

the key money for an average studio in Paris is in the neighborhood of one thousand dollars — Paul Bowles


Useful english dictionary. 2012.

Look at other dictionaries:

  • Key money — is used differently in different parts of the world. It sometimes means money paid to an existing tenant who assigns a lease to a new tenant where the rent is below market. It sometimes means a bribe to a landlord. In other parts of the world it… …   Wikipedia

  • key money — ➔ money * * * key money UK US noun [U] ► PROPERTY a payment that the owner of a house, etc. gets from the person who is going to rent it: »In some agreements, the key money functions as a type of deposit …   Financial and business terms

  • key money — n. money paid covertly, and usually illegally, by a prospective tenant, as to a landlord, to increase the likelihood of being able to lease an apartment in an area where housing is scarce …   English World dictionary

  • Key Money — A payment made to a building owner, manager or landlord by a potential tenant in an attempt to secure a desired tenancy. Key money can be considered a type of deposit on a housing unit such as an apartment unit. Key money also refers to a… …   Investment dictionary

  • key money — key′ mon ey n. 1) bus advance rent or security required of a new tenant in exchange for the key to an apartment or house 2) bus money paid, usu. secretly, to a landlord, superintendent, or current tenant by a person desiring future occupancy •… …   From formal English to slang

  • key money — 1. advance rent or security required of a new tenant and given in exchange for the key to the house or apartment. 2. an amount of money paid, often secretly, to a landlord, superintendent, or current tenant by a person desiring future tenancy.… …   Universalium

  • key money — noun a payment required from a new tenant in exchange for the provision of a key to the premises …   English new terms dictionary

  • key money — /ˈki mʌni/ (say kee munee) noun a sum of money paid by a prospective tenant for the opportunity of obtaining an interest in a property …   Australian English dictionary

  • key money — payment given to a property owner in return for long term use of that property …   English contemporary dictionary

  • key money — / ki: ˌmʌni/ noun a premium paid when taking over the keys of a flat or office which you are renting …   Dictionary of banking and finance

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