Deposit
volume
British pronunciation/dɪpˈɒsɪt/
American pronunciation/dəˈpɑzɪt/, /dɪˈpɑzət/

Definition & Meaning of "deposit"

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
example
Example
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To secure the valuable artifact, the museum decided to deposit it in a high-security vault.
The dentist carefully deposited the filling into the cavity to restore the tooth.
The hiker found a secluded spot to deposit the camping gear before exploring the area.
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
example
Example
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She deposited her paycheck into her savings account to start building her nest egg.
The company deposits its daily cash earnings into its business checking account.
They deposited the cash from the fundraiser in the school's account for future use.
03

to deliver the first of the several payments of something

Transitive: to deposit the first payment
example
Example
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The homebuyer deposited a down payment to secure the purchase of the house.
The customer deposited the initial payment to begin the layaway plan for the new furniture.
She deposited the first installment for her car loan to finalize the purchase of her vehicle.
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
example
Example
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Before borrowing the equipment, she deposited $ 50 to cover any damages or losses.
To borrow the textbooks, students are required to deposit $ 20 per book, refundable upon return.
The tenant must deposit $ 1000 as a security before moving into the apartment.
Deposit
01

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

example
Example
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To secure the apartment, they had to pay a deposit of one month's rent upfront.
The car dealership required a hefty deposit before ordering the customized vehicle.
She placed a deposit on the new smartphone to reserve it until the official release date.
02

a sum of money paid while renting an apartment, car, etc., which is refundable providing that it is not damaged

03

(economics) an amount of money that is put into a bank account

04

a payment given as a guarantee that an obligation will be met

05

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

Wiki
example
Example
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The geologist discovered a rich deposit of gold in the mountains.
The river delta is formed by the deposition of sediment carried downstream.
The underwater archaeologists discovered ancient pottery deposits on the seabed.
06

the phenomenon of sediment or gravel accumulating

07

the act of putting something somewhere

08

a facility where things can be deposited for storage or safekeeping

09

the natural process of laying down a deposit of something

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