What is GOD’S PENNY?

In old English law. Earnest-money; money given as evidence of thecompletion of a bargain. This nanie is probably derived from the fact that such moneywas given to the church or distributed in alms.

More On This Topic



Link to This Definition
Did you find this definition of GOD’S PENNY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary