Laxi Dictionary

American Dictionary

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Definition deposit in American English

deposit noun

[countable] noun
/dɪˈpɑzɪt/
1

a first payment that you make when you agree to buy something expensive such as a car or house. The rest of the money that you pay later is called the balance

Example

She paid a $100 deposit, and agreed to pay the balance within six months.

Example

We've put down a deposit on a new house.

Synonyms and related words
payment advance contribution
2

an amount of money that you pay when you start to rent something such as an apartment or a car, that is returned to you when you stop renting it

Synonyms and related words
payment advance contribution
3

an amount of money that you pay into a bank account

Example

He made a large cash deposit on April 5th.

Synonyms and related words
APR a run on something balance
4

in the U.K., an amount of money that someone pays to become a candidate in an election. Candidates who do not get many votes do not get their deposit back after the election.

Synonyms and related words
payment advance contribution
5

a layer of a metal or another substance that has formed in soil or rock

Example

Rich mineral deposits have been discovered in the area.

Synonyms and related words
aquifer bed bedrock anvil bar beat
5.1

a layer of a substance that gradually forms on or inside something

Example

the build-up of fat deposits in his liver

Synonyms and related words
surface cover layer
Definition deposit in American English