Meaning Of The Word Key money

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What's the definition of Key money? Find Key money meanings, definitions and more at the Real Dictionary online.

Key money Meaning

Key money Definition
Key money Definition

What's The Definition Of Key money?

key money in American English
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
noun: advance rent or security required of a new tenant and given in exchange for the key to the house or apartment

key money in British English
noun: a fee payment required from a new tenant of a house or flat before moving in

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