What is another word for caution money?
Pronunciation: [kˈɔːʃən mˈʌnɪ] (IPA) 
Caution money, also known as security deposit, is a sum of money paid by a customer or tenant to ensure that they fulfill their obligations and responsibilities. There are several other synonyms for caution money, including surety bond, performance bond, earnest money, key money, and rent deposit. A surety bond is issued by a third party to guarantee completion of a contract or project. Performance bond is a type of surety bond that ensures completion of a project according to the agreed-upon terms. Earnest money is a deposit made by a buyer to show their good faith and serious intent to purchase a property. Key money is a type of deposit paid by a tenant to secure rental property. Rent deposit is a sum of money paid to landlords as collateral for any damages or unpaid rent.
