deposit
de
di
po
ˈpɑ
paa
sit
zɪt
zit
/dɪˈpɒzɪt/

Definition & Meaning of "deposit"in English

to deposit
01

to place or fix something in a specific location

Transitive: to deposit sth | to deposit sth somewhere
to deposit definition and meaning
Examples
To secure the valuable artifact, the museum decided to deposit it in a high-security vault.
02

to put an amount of money or other item of value into a bank account

Transitive: to deposit money in an account | to deposit money into an account
Examples
She deposited her paycheck into her savings account to start building her nest egg.
03

to deliver the first of the several payments of something

Transitive: to deposit the first payment
Examples
The homebuyer deposited a down payment to secure the purchase of the house.
3.1

to pay some money while renting something which is returned if it is taken back undamaged

Transitive: to deposit a sum of money
Examples
Before borrowing the equipment, she deposited $ 50 to cover any damages or losses.
Deposit
01

a sum of money that is paid before paying a total amount, particularly when buying something that is expensive

Examples
To secure the apartment, they had to pay a deposit of one month's rent upfront.
02

money given as security for an item obtained temporarily

Examples
The bike rental required a deposit for the helmet.
03

money placed in a bank or financial institution

Examples
He made a deposit of $ 500 into his savings account.
04

a layer of matter that has been accumulated, particularly by a body of water

Examples
The geologist discovered a rich deposit of gold in the mountains.
05

the action of putting something in a particular place

Examples
The museum displayed a deposit of ancient coins.
06

a place where items are stored or kept for safekeeping

Examples
The warehouse served as a deposit for the company's goods.
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