foregift Definition
a deposit or down payment made in advance as security for later performance.
Using foregift: Examples
Take a moment to familiarize yourself with how "foregift" can be used in various situations through the following examples!
Example
The tenant paid a foregift of $500 before moving in.
Example
The company required a foregift to secure the contract.
Example
The foregift was returned after the completion of the project.
foregift Synonyms and Antonyms
Summary: foregift in Brief
'Foregift' [fawr-gift, fohr-] is a noun that refers to a deposit or down payment made in advance as security for later performance. It is often used in legal or business contexts, such as when renting a property or securing a contract. Examples include 'The tenant paid a foregift of $500 before moving in.' and 'The company required a foregift to secure the contract.'
