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deposit [ de·po·sit ]

[
US
dɪˈpɑːzɪt ]
[
UK
dɪˈpɒzɪt ]
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Noun

1. A sum of money paid into a bank or building society account.

Lower rates on bank deposits also are pushing money into the economy.

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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.

It helped pay the deposit on our house when securing the mortgage.

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3. A returnable sum payable on the hire or rental of something, to cover possible loss or damage.

Force convicted slumlords to give damage deposits to the government.

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4. (in the UK) a sum of money lodged by an election candidate and forfeited if they fail to receive a certain proportion of the votes.

They fought 496 seats and lost their deposit in 451.

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5. A layer or mass of accumulated matter.

These so-called amyloid deposits accumulate extracellularly in various organs.

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6. A natural underground layer of rock, coal, or other material.

areas of mineral deposits

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7. The action of placing something in a specified place.

All he needs to do is make a cash deposit.

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Verb (deposits, depositing, deposited)

1. Put or set down (something or someone) in a specific place.

he deposited a pile of school books on the kitchen table

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2. (of water, the wind, or other natural agency) lay down (matter) gradually as a layer or covering.

beds where salt is deposited by the tide

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3. Lay (an egg)

It ends with the female depositing her eggs in the male's pouch.

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4. Place (something) somewhere for safekeeping.

He also suggested that to prevent such a theft we should have deposited the helmets with him for safekeeping.

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5. Pay (a sum of money) into a bank or building society account.

The money collected was deposited in the State Account.

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6. Pay (a sum) as a first instalment or as a pledge for a contract.

Earlier, the students were compelled to pay a fee of Rs 5, 000 apart from Rs 23, 000 deposited as the first installment for getting the institute affiliated.

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Origin

1. Late 16th century (especially in the phrases in deposit or on deposit): from Latin depositum (noun), medieval Latin depositare (verb), both from Latin deposit- ‘laid aside’, from the verb deponere.

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