Definitions for key money
ADVERTISEMENT
Random House Webster's College Dictionary
key′ mon`ey(n.)
advance rent or security required of a new tenant in exchange for the key to an apartment or house.
Category: Business
money paid, usu. secretly, to a landlord, superintendent, or current tenant by a person desiring future occupancy.
Category: Business
Origin of key money:
1895–1900
Citation
Use the citation below to add this definition to your bibliography:
"key money." Definitions.net. STANDS4 LLC, 2013. Web. 23 May 2013. <http://www.definitions.net/definition/key money>.