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Purchase Money

Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The consideration in money which is agreed to be paid by a purchaser.

Ballentine's Law Dictionary

James A. Ballentine · 1916

Money paid for the land, or the debt created by the purchase. See 37 111. 438, 87 Am. Dec. 254.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

The consideration plaintiff seeks to charge a purchaser with which is agreed to be paid by the purchaser “an equity as distinguished from an equitaof a thing in money. See Hoyt v. Van Al- ble estate, as, for example, an equity to set styne, 15 Barb. (N. Y.) 568. As to vendor’s aside a deed for fraud, or to correct 4t for lien, see Lien. See Application of Pur- mistake.” On the other hand, to a bill inchase-Money. voking the concurrent or exclusive Jurisdic-

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

The consideration in money paid or agreed to be paid by the buyer to the seller of property, particularly of land. Purcbase money means money stipulated to be paid by a purchaser to his vendor, and does not include money the purchaser may have borrowed to complete his purchase. Purchase money, as between vendor and vendee only, is contemplated ; as between purchaser and lender, the money is "borrowed money." Heuisler v. Nick-um, 38 Md. 270. But see Houlehan v. Rassler, 73 Wis. 557, 41 N. W. 720.

Defined under Purchase in Black's Law Dictionary.