English–Korean

“key money” in Korean

Korean

Pronunciation

Romanizationkwolligeum

Example

가게를 인수할 때 권리금을 줘야 해.ka ge reul in su hal ttae kwol li geu meul chwo ya hae

When taking over a store, you have to pay key money.

Illustration for 권리금 (key money)

How to say “key money” in Korean

“Key money” in Korean is 권리금 (kwolligeum).

Money paid to take over the business value built up by an earlier shop owner, such as its location, customers, and reputation.

Full entry for 권리금: usage tips, similar words and word origin

Example sentences with 권리금

임대인이 권리금을 받으려고 한다.im dae i ni kwol li geu meul pa deu ryeo go han da

The landlord is trying to collect key money.

Tips for using 권리금

  • In Korean shop listings, this cost is often shown separately from rent, so it helps explain why a business can require a large upfront payment.

“key money” in other languages