FRONT MONEY Meaning and
Definition
-
Front money refers to an initial sum of money or deposit that is required to be paid in advance before the commencement of a business transaction, agreement, or contract. It is a financial term used in various industries, such as gambling, real estate, and entertainment.
In the gambling context, front money typically refers to the funds that a gambler deposits with a casino or a gambling establishment before engaging in any betting activities. This amount serves as a credit line or bankroll for the gambler, allowing them to make bets without having to carry large sums of cash. It also acts as a guarantee for the casino that the individual has sufficient financial resources to participate in their offerings.
Front money can also be seen in real estate transactions, where it represents an initial payment made by a potential buyer to demonstrate their serious intent and financial capability to purchase a property. This deposit serves as a security for the seller, assuring them that the buyer is genuine and committed to the transaction.
In the entertainment industry, front money may refer to the pre-production expenses that a producer or investor advances for a movie, play, or other artistic projects. These funds are used to cover costs associated with casting, location scouting, script development, or other essential tasks required to bring the project to fruition.
Overall, front money entails an upfront payment required to initiate a transaction, providing assurance to the opposing party or protecting their interests. It serves as a demonstration of financial commitment and responsibility in various business contexts, ensuring both parties have confidence in the agreement.
Common Misspellings for FRONT MONEY
- dront money
- cront money
- vront money
- gront money
- tront money
- rront money
- feont money
- fdont money
- ffont money
- ftont money
- f5ont money
- f4ont money
- frint money
- frknt money
- frlnt money
- frpnt money
- fr0nt money
- fr9nt money
- frobt money
- fromt money
Etymology of FRONT MONEY
The word "front money" is a term primarily used in the context of the entertainment industry, particularly in gambling, where it refers to an initial payment or deposit made in advance. The etymology of this term can be traced back to the mid-20th century and is derived from the combination of two words: "front" and "money".
1. Front: The term "front" originally comes from the Old French word "front" meaning "forehead" or "forepart". In the metaphorical sense, it has developed to mean the forefront or the visible part of something. In the context of financial transactions, "to front" means to supply money or credit in advance.
2. Money: The word "money" finds its roots in the Latin word "moneta", which originally referred to a Roman temple where coins were minted. Over time, it began to signify currency, coins, or other mediums of exchange.
Idioms with the word FRONT MONEY
-
front money
"Front money" refers to an advance or upfront payment of money, typically made to secure a service, product, or deal. It is also known as an initial payment or deposit that is required before any further transactions or agreements can proceed.
Similar spelling word for FRONT MONEY
Infographic
Add the infographic to your website:
