Laxi Dictionary

English Dictionary

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Definition deposit in British English

deposit noun

[countable] noun
/dɪˈpɒzɪt/
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 £500 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 premium
2

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

Synonyms and related words
payment advance premium
3

an amount of money that you pay into a bank account

Example

He made a £2,000 cash deposit on 5 April.

Synonyms and related words
a/c APR a run on something
4

in the UK, 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

Example

The Conservative candidate came last and lost her deposit.

Synonyms and related words
payment advance premium
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 the arteries

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