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- Dictionaryde·pos·it/dəˈpäzət/
noun
- 1. a sum of money placed or kept in a bank account, usually to gain interest: "cash funds which are an alternative to bank or building society deposits"
- 2. a sum payable as a first installment on the purchase of something or as a pledge for a contract, the balance being payable later: "we've saved enough for a deposit on a house" Similar
verb
- 1. put or set down (something or someone) in a specific place, typically unceremoniously: "he deposited a pile of schoolbooks on the kitchen table" Similar Opposite
- 2. store or entrust with someone for safekeeping: "a vault in which guests may deposit valuable property"
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DEPOSIT definition: 1. to leave something somewhere: 2. to put something valuable, especially money, in a bank or safe…. Learn more.
Dec 14, 2023 · A deposit generally refers to money held in a bank account. A deposit can also be the funds used as security or collateral for the delivery of goods or services.
1. : to place especially for safekeeping or as a pledge. depositing her tools in the trunk of the car. especially, economics : to put in a bank. having your paycheck automatically deposited into your bank account. 2. a. : to lay down : place. deposited himself in the chair next to me. b. : to let fall (something, such as sediment)
A deposit is a sum of money given as part payment for something, or as security when you rent something.
Definition of deposit noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Deposit definition: to place for safekeeping or in trust, especially in a bank account. See examples of DEPOSIT used in a sentence.
to put something valuable, especially money, in a bank or safe (= strong box or cupboard with locks): There's a night safe outside the bank, so you can deposit money whenever you wish.
deposit an amount of money that you pay as the first part of a larger payment; money that you put into a bank account: We've put down a 5% deposit on the house. I made a $500 deposit into my checking account.
DEPOSIT definition: 1. a payment that you make immediately when you decide to buy something, as proof that you will…. Learn more.
1. Something, such as money, that is entrusted for safekeeping, as in a bank. 2. The condition of being deposited: funds on deposit with a broker. 3. A partial or initial payment of a cost or debt: left a $100 deposit toward the purchase of a stereo system. 4. A sum of money given as security for an item acquired for temporary use. 5. A depository.
