key money Meaning in the Cambridge English Dictionary
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Meaning of “key money” in the English Dictionary

"key money" in British English

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key moneynoun [U]

uk   us   UK
a ​paymentdemanded by the ​owner of a ​house, ​apartment, etc. from the ​person who is going to ​rent it
(Definition of key money from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"key money" in Business English

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key moneynoun [U]

uk   us  
PROPERTY a ​payment that the ​owner of a ​house, etc. gets from the ​person who is going to ​rent it: In some ​agreements, the ​keymoneyfunctions as a ​type of ​deposit.
(Definition of key money from the Cambridge Business English Dictionary © Cambridge University Press)
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