application money Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “application money” in the English Dictionary

"application money" in Business English

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application moneynoun [U]

uk   us  
STOCK MARKET, FINANCE money that someone ​pays when they ​apply to ​buy new ​shares. The ​amount is usually less than the ​fullvalue of the ​shares and they ​pay the rest when they receive the ​shares.
(Definition of application money from the Cambridge Business English Dictionary © Cambridge University Press)
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