Korean word

계약금

Pronunciation

Romanizationkyeyakkkeum

Meaning

  • noundeposit

Example

집을 계약할 때 계약금을 냈어요.chi beul kye ya kal ttae kye yak kkeu meul nae sseo yo

I paid a deposit when I signed the contract for the house.

Illustration for 계약금 (deposit)

More examples

계약금을 미리 마련해 두세요.kye yak kkeu meul mi ri ma ryeon hae tu se yo

Please have the deposit ready in advance.

Core concept

Money paid upfront to make an agreement firm, usually counted toward the final total or held as security.

Common phrases

  • 계약금을 마련하다kye yak kkeu meul ma ryeon ha da

    prepare the deposit

  • 계약금을 지불하다kye yak kkeu meul chi bul ha da

    pay the deposit

Similar words

보증금pojeunggeum: Money held as security to cover damage or unpaid obligations under an agreement.
예약금yeyakkkeum: An advance payment that keeps a reservation secure.
중도금chungdogeum: A scheduled payment made partway through a purchase or property deal.
잔금changeum: The unpaid part of a total price after earlier payments.

Definition in Korean

계약을 확정하기 위해 계약 체결 시 미리 지급하는 금액으로, 보통 잔금에서 공제되거나 보증의 역할을 하는 돈kye ya geul hwak jjeong ha gi wi hae kye yak che gyeol si mi ri chi geu pa neun keu mae geu ro po tong chan geu me seo kong je doe geo na po jeung ui yeo ka reul ha neun ton

Word origin

The Sino-Korean word combines terms meaning contract and money, directly reflecting payment made to secure an agreement.

Usage tips

  • English deposit can mean a refundable security payment, but this word usually highlights the payment that confirms a contract, especially in property deals.

Other meanings

  • down paymentnoun
  • advance paymentnoun

Opposites

Related words

  • 계약금액kyeyakkkeumaekcontract amountnoun
  • 계약조건kyeyakjjogeoncontract termsnoun

Word lists with this word