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- Dictionarydeposit/dɪˈpɒzɪt/
noun
- 1. a sum of money paid into a bank or building society account: "cash funds which are an alternative to bank or building society deposits"
- 2. a sum payable as a first instalment 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: "he deposited a pile of school books on the kitchen table" Similar Opposite
- 2. place (something) somewhere for safekeeping: "a vault in which guests may deposit valuable property"
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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 something in something I deposited £500 in my account this morning.
Verb. Upon establishing cost burden using a recent rent receipt and pay stub, deposit the difference between qualifying Fair Market Rent and the level of subsidy immediately into the household’s bank account for use in paying current rent; This can work on a phone app or online.
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.
Deposit definition: to place for safekeeping or in trust, especially in a bank account. See examples of DEPOSIT used in a sentence.
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.
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.
deposit. verb. /dɪˈpɒzɪt/ /dɪˈpɑːzɪt/ Verb Forms. money. deposit something to put money into a bank account. Millions were deposited in Swiss bank accounts. You can withdraw and deposit money in any of our branches. Topics Money c1. Want to learn more?
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.
noun. a payment given as a guarantee that an obligation will be met. see more.
