Korean word

예약금

Pronunciation

Romanizationyeyakkkeum

Meaning

  • noundeposit

Example

호텔을 예약할 때 예약금을 먼저 냈어요.ho te reul ye ya kal ttae ye yak kkeu meul meon jeo nae sseo yo

When booking the hotel, I paid the deposit first.

Illustration for 예약금 (deposit)

More examples

공연이 취소되어 예약금을 돌려받았어요.kong yeo ni chwi so doe eo ye yak kkeu meul tol lyeo ba da sseo yo

The concert was canceled, so I got my deposit back.

Core concept

A partial upfront payment that protects a booking from being lost.

Common phrases

  • 예약금을 내다ye yak kkeu meul nae da

    pay a deposit

  • 예약금을 환불받다ye yak kkeu meul hwan bul bat tta

    get a deposit refunded

Similar words

보증금pojeunggeum: Money held to cover damage or unpaid duties under an agreement.
계약금kyeyakkkeum: Money paid when an agreement is made, usually counted toward the final price.
선수금seonsugeum: Money received in advance for goods or services to be provided later.

Definition in Korean

예약금은 예약을 보장하기 위해 요구되는 선불의 일부 금액.ye yak kkeu meun ye ya geul po jang ha gi wi hae yo gu doe neun seon bu rui il bu keu maek

Word origin

The term is formed from 예약 (yeyak, "reservation") and 금 (kkeum, "money"), linking a reservation with the money that helps guarantee it.

Usage tips

  • The amount is often only part of the total price, so a booking can still require another payment later.

Opposites

Related words

Word lists with this word