Definition of deposit in English:

deposit

noun

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

    ‘cash funds which are an alternative to bank or building society deposits’
    • ‘In the past, bank deposits ruled the money and credit creation process.’
    • ‘Any money market accounts, certificates of deposits, bank bonds, Treasuries, and savings are assets.’
    • ‘Many have had good reason to use bank and money market deposits to purchase some of the inflating quantity of higher-yielding Treasury bills and notes.’
    • ‘These funds are generated to a large degree by the general public in the form of life insurance policies, pension funds, bank deposits and unit trust investments.’
    • ‘But a claim - and bank notes or deposits are claims to money - does not involve the creditor's relinquishing any of the present good.’
    • ‘In many instances bank reconciliations were not prepared while bank accounts revealed unknown deposits and withdrawals.’
    • ‘During those periods, there were sharp reductions in bank deposits, bank notes, wages, and prices.’
    • ‘Homeowners that have refinanced or taken out home equity loans also have additional liquidity that makes its way into banking or money market deposits.’
    • ‘His approach is akin to measuring your personal solvency by adding up the deposits in your bank account and neglecting the withdrawals.’
    • ‘When you place your money into a bank deposit, the bank will take your funds and make loans.’
    • ‘His principal differences with classical monetary analysis include the notion of circulating currency to include money and bank deposits.’
    • ‘Unlike safe investments such as bank deposits or Treasury bonds, dividends are not guaranteed.’
    • ‘Maintain a bank account: make deposits as well as withdrawals.’
    • ‘An inquiry at the academy found an unauthorised bank account and unauthorised deposits.’
    • ‘Stoppage at the bank's proofing centre on Tuesday will stop the bank earning interest on deposits via the money market.’
    • ‘Interest on bank or building society deposits of 3000 annually can be sheltered from tax.’
    • ‘The money supply was composed of bank notes and deposits, convertible into specie, and gold and silver coin.’
    • ‘The ability to transfer funds at the press of the button raises the risk of ‘bank runs’ on deposits by panicked depositors.’
    • ‘Lower rates on bank deposits also are pushing money into the economy.’
    • ‘Minimum reserve requirements imply that banks are obliged to hold deposits at the central bank as a percentage of their eligible monetary liabilities.’
  • 2A 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’
    • ‘The shares had simply been bought to secure the deposit on the contract.’
    • ‘Full membership between now and April 2005 is available for a modest deposit with the balance payable on May 1, 2004.’
    • ‘Mr. Power said he accepted that the measure would cause trouble for those who had put a deposit on a property but had not signed a contract.’
    • ‘The amount charged was recorded as a deposit on an invoice.’
    • ‘Lowry then used the balance as a deposit on a property at Cheadle near Manchester.’
    • ‘After several months without bottle recycling, college students recently staged a protest by collecting bottles on campus and trying to hand them in as a deposit on their tuition fees.’
    • ‘If interested you are asked to give an answer as soon as possible as a deposit is required by the middle of December.’
    • ‘The typical customer would be an individual who was saving to buy a new car or to put a deposit on a house.’
    • ‘The survey found the average rent in Dublin for a one-bedroom apartment was €950 a month and many buyers were able to afford this while saving for a deposit on a house.’
    • ‘The children of farming communities should have the opportunity to come back to their own area, whether they want to build here themselves or sell a site to put a deposit on a house elsewhere.’
    • ‘It helped pay the deposit on our house when securing the mortgage.’
    • ‘They are useful if you need a lump sum, perhaps to put down a deposit on a second home or buy-to-let.’
    • ‘The developers are offering a 5 per cent discount on list prices for anyone who places a reservation deposit on the day.’
    • ‘The cost of buying property is now, in many cases, cheaper than renting and certainly high rents put the squeeze on individuals and couples hoping to save enough for a deposit on a house.’
    • ‘Mr. Moldenhauer insisted in his evidence that he had merely offered to make up some or all of the loss of the deposit by reducing his commission in future deals with Mr. Wemyss.’
    • ‘All wishing to participate should book their place and pay a deposit as soon as possible.’
    • ‘She had resigned herself to accepting a check that she'd negotiated with the developer for the deposit on a new place.’
    • ‘Given the difficulty of saving enough cash to pay the deposit on a new home, how much are first-time buyers actually borrowing?’
    • ‘Persimmon said then that the acquisition of 20,000 shares was merely a deposit on a conditional contract to buy the ground, subject to planning permission and vacant possession.’
    • ‘There are only a small number of tickets left so to avoid disappointment book your place with any committee member and pay your deposit as soon as possible.’
    down payment, part payment, advance payment, prepayment, instalment, security, retainer, pledge, stake
    View synonyms
    1. 2.1 A returnable sum payable on the hire or rental of something, to cover possible loss or damage:
      ‘a refundable €100 deposit is payable on arrival at the villa’
      • ‘Nevertheless, Chang has promised that all security deposits will be returned as soon as possible after they had been claimed.’
      • ‘As a landlord you can refuse to return their deposit if they have caused damage beyond normal wear and tear.’
      • ‘The beautiful thing is that when they decide to move on, they can keep the damage deposit.’
      • ‘So sure was I of Chris coming through with the loan approval that I'd begun patching up my apartment so I could get my damage deposit back when I moved out.’
      • ‘To weather these delays, framers not only should have enough cash in reserve, but also should require an up-front deposit to cover initial costs.’
      • ‘The damage deposit covered their final month's rent but their lease was obviously dead.’
      • ‘The agreement should also lay down rules for the eventual return of any deposit against damages that you ask for, and you should inform any mortgage lender - although this is usually a formality.’
      • ‘I then carefully drove it home and took it to the lawyers, where I handed it over as the security deposit on my house.’
      • ‘Sometimes the loans were for a few hundred bucks, money to buy an old car to drive to work in or to put down as a security deposit on an apartment.’
      • ‘Landlords are not allowed to ask for first and last months' rent or a damage deposit.’
      • ‘Force convicted slumlords to give damage deposits to the government.’
      • ‘Most pet deposits simply don't come close to covering the damage caused by pets.’
      • ‘They can function in addition to or as a replacement for a standard pet deposit which generally only covers minor damage.’
      • ‘He mumbles an unheard one-liner about losing his damage deposit as he wrenches the door of the moving car open and dives inelegantly inside.’
      • ‘He is still finding it hard to get a damage deposit together and notes that even if he had the money, many landlords don't want to rent from someone whose current address is a shelter.’
      • ‘Some hotels ask you to pay a damage deposit when you check-in in case something like this happens.’
      • ‘The most a landlord can ask for in terms of a damage deposit is the last month's rent, payable before the tenant occupies a unit.’
    2. 2.2 (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:
      ‘he lost his deposit but was credited with contributing to the Conservatives' defeat’
      • ‘Even if you turn up and vote for a man dressed as a banana you'll at least have the satisfaction of knowing when the announcements are made, someone who just wanted to have a bit of fun hasn't lost their deposit.’
      • ‘A candidate shall lose his deposit if he has received less than six percent of the number of valid ballots in the election and has failed to win a seat in the subsequent election run-off.’
      • ‘He attracted only 1,392 votes and lost his deposit.’
      • ‘They fought 496 seats and lost their deposit in 451.’
      • ‘At the general election of 1950, it put up 100 candidates, lost both its seats, and forfeited 97 deposits.’
  • 3A layer or mass of accumulated matter:

    ‘the deposits of salt on the paintwork’
    • ‘‘Placer’ gold deposits are those that accumulate in the sediments of stream beds.’
    • ‘The Aral Sea, with its thick deposits of salt and chemicals, is now the biggest single collection of dust in the world.’
    • ‘He said the problems were compounded by large salt deposits washed up from the sea which would leave a trail on the windows of homes and businesses in the wake of the storm.’
    • ‘These so-called amyloid deposits accumulate extracellularly in various organs.’
    • ‘This peptide collects in the brain of Alzheimer's patients and forms protein deposits which can damage and even destroy the sensitive nerve cells.’
    • ‘The alkaline action of raw juices dissolves the accumulation of deposits around the joints and in other tissue.’
    • ‘The result is a sooty deposit on one of the electrodes that contains columns filled with nanotubes.’
    • ‘Liposuction is a surgical procedure which uses a suction device to permanently remove unwanted deposits of fat tissue.’
    • ‘Residents and visitors still are waiting the high tide of June 4th to eliminate all trace of that troublesome deposit and restore the beach to its pristine beauty.’
    • ‘Birth defects and complications are also being missed because ultrasound waves are unable to penetrate large fat deposits.’
    • ‘This product is specifically designed to remove oily deposits without damaging the surface of the plane.’
    • ‘Sweat and swimming can weaken strands substantially, so be sure to rinse hair and scalp after a workout or swim to remove drying, damaging salt and chlorine deposits.’
    • ‘That the deposit accumulated in a relatively short period of time and was not built up gradually as the result of daily disposal of rubbish is indicated by several lines of evidence.’
    • ‘Frequently, this is due to cholesterol deposits and damage in the blood vessels.’
    • ‘An early Iron Age deposit survived intact, with an excellent accumulation of cultural deposits.’
    • ‘Besides leaving salt deposits, rusting internal parts and causing valve damage, water in an engine also makes short work of pistons and cylinders.’
    • ‘Use them on barbecue grills and untreated oven racks for stubborn deposits when damage to surface is not important.’
    • ‘No matter how many miles are on them, your mechanic should replace the spark plugs if they're oil or carbon-fouled, if they're covered with deposits, or if the electrode is worn.’
    • ‘Fat deposits can form around your stomach and upper back.’
    • ‘The lowermost deposit in an accumulation is the indicator of the oldest event, or period, in the depositional record.’
    accumulation, sediment, sublimate
    View synonyms
    1. 3.1 A natural underground layer of rock, coal, or other material:
      ‘a great quantity of pottery was found in this deposit’
      [with modifier] ‘areas of mineral deposits’
      • ‘In addition to the dominant Precambrian and Paleozoic rocks, there are small deposits of Mesozoic rocks on the island as well.’
      • ‘All of the blasting and tunneling that went on at the site riddled the mountain with fractures, exposing enormous areas of rock and mineral deposits to oxygen and water.’
      • ‘Seventeen miles due west is the White Sands National Monument, 300 square miles of white gypsum dunes, the largest gypsum deposit in the world.’
      • ‘The rich mineral deposits surrounding Iron Town generate plenty of wealth to go around.’
      • ‘The first step in the mining is removing the overburden - the topsoil, muskeg, sand, clay and gravel - that covers the deposits.’
      • ‘In these deposits, it is possible to observe changes over many years which are recorded, providing information about past environments.’
      • ‘Mineral deposits include oil and natural gas, gold, uranium, bauxite, nickel, and cobalt.’
      • ‘More than a moving vehicle to carry away natural deposits of rock and shale, the river takes with it whatever it is given.’
      • ‘Chinese companies are interested in Mongolia's largely unexplored coal deposits and other mineral reserves.’
      • ‘Asbestos is a fibrous mineral mined from rock deposits.’
      • ‘Mongolia, population 2.3 million, lives on mostly undeveloped land with so much mineral wealth that coal deposits sit on the desert surface.’
      • ‘Mining activities for these mineral deposits can be traced back two thousand years.’
      • ‘Most parts of the dry sea floor are covered with deposits of billions of tonnes of toxic salts, brought there over the decades with the water seeping from the fields into the rivers.’
      • ‘Lemmon says the rock samples and mineral deposits tend to point to a large area of water that once existed on Mars, such as a lake or even a sea.’
      • ‘Because much of the evidence is literally microscopic, it is possible, with good deposits like these at Harnham, to learn a great deal about an ancient environment from even very small excavations.’
      • ‘The removal of huge amounts of material from the underground deposit causes massive subsidence at the surface.’
      • ‘In the Lagan Valley the boulder clay is often covered by later glacial deposits.’
      • ‘What was at stake, and what prompted the woman's presentation, was pressure from gas interests to further develop natural gas deposits in the area.’
      • ‘This issue may become important in years to come as mineral deposits and other natural resources are discovered, as may the impact of the increasing number of tourists visiting the continent.’
      • ‘Rising magmas are the essential component for building the mineral deposits of the Andes.’
      seam, vein, lode, layer, stratum, bed, accumulation
      View synonyms
  • 4[mass noun] The action of placing something in a specified place:

    ‘the deposit of a thesis in a library gives no guarantee of copyright protection’
    [count noun] ‘although some people will be withdrawing money, others will be making new deposits’
    • ‘He wanted to discuss the security arrangements available to someone making a large cash deposit.’
    • ‘All he needs to do is make a cash deposit.’
    • ‘Disposal will include, but not be confined to, any of the processes of removal, transport and deposit.’
    • ‘But, surprisingly, much of the world views that money creation only occurs with the deposit into a bank account.’
    • ‘Just try to make a cash deposit to your bank account.’

verb

  • 1[with object and usually with adverbial of place] Put or set down (something or someone) in a specific place:

    ‘he deposited a pile of school books on the kitchen table’
    • ‘She removed her valuables and deposited them inside the metal case.’
    • ‘Ben yanked him up by the back of his collar and half dragged him to the livery, depositing him in a pile of hay.’
    • ‘With a sigh, she swept most of the potatoes into her apron, and trudged across the room, dropping only one, and deposited them all in a large pot over a fire pit.’
    • ‘Mrs. M. instructed everyone to take out their valentines, walk around the class, and deposit the cards in the proper mailboxes.’
    • ‘Her bodyguards, she said, have deposited her on many week nights on a naval base in Amsterdam, or hustled her off to sleep in different hotels.’
    • ‘‘See you later,’ Tim says, after Adam is safely deposited in a sitting position on his blankets.’
    • ‘The pilot deposits us, then flies to his native village, several miles up the valley, with a promise to return in 45 minutes for the flight to Tbilisi.’
    • ‘We may not have slipped straight into the gaucho lifestyle, our horse being more determined to deposit us in a ditch then to stick on the road, but we were learning.’
    • ‘He helps Pete over the threshold before depositing him on the stairs.’
    • ‘Before she could react the escalator had deposited us and I squeezed by.’
    • ‘Taking the bowl that rested just inside the next room, he deposited its contents, roughly diced potatoes, into the rolling and steaming water.’
    • ‘Anthony and the rest of these battle weary soldiers deposit the body armor, the first sign they are going home.’
    • ‘Our bus deposited us just a few steps from our hotel.’
    • ‘On Aug.30, rescuers picked him up in a boat and deposited him on an interstate.’
    • ‘I was finally deposited in a small and remote village and told to wait on a pavilion under a palm-thatched roof.’
    • ‘The train deposits you at Sirkeci station, in the heart of Istanbul, at the gateway to the Golden Horn.’
    • ‘He mastered the science, but it deposited him at the foot of something much larger and more complicated.’
    • ‘A waiter zipped over and deposited two glasses of water and a dish of mixed nuts on their table, took their drink orders, and hurried off.’
    • ‘The owner scooted over from doing his genial rounds of the table and scooped up the hapless moggy, depositing him safely but unceremoniously on the street outside.’
    • ‘Today, I caught the super-early bus, which deposited me upon a strangely studentless Swanston Street.’
    place, unload, rest, settle, sit
    View synonyms
    1. 1.1 (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’
      • ‘This indicates that the sand was deposited by flowing water.’
      • ‘A layer of oxygen blocking material is deposited on the layer of metal.’
      • ‘This is testament to the inert nature of gold; the metal is commonly deposited hydrothermally as grains, wires, and crystals in quartz veins.’
      • ‘A few tools are found still associated with this gravel which has been clearly deposited by water.’
      • ‘Sand dunes develop ridges when the wind deposits a chance accumulation of sand grains.’
      • ‘Flowing water may have deposited sand and silt in the bottoms of lakebeds or oceans.’
      • ‘They found that the materials in all three divisions were wet both before and after the layers were deposited by either wind or water.’
      • ‘Sand was deposited by wind or water, and briefly wetted by liquid water that evaporated, forming the sulfate cement.’
      • ‘Geologists suggested the layers may have been formed either by ash from a volcano or from sediments deposited by wind or liquid water.’
      • ‘Fossils, he claimed, were the remains of once-living organisms, turned to stone inside layers of silt or sand deposited by water.’
      • ‘If it turns out that passing comets have deposited water ice on the moon, hydrogen and oxygen might be even more easily obtained, he added.’
      • ‘Usually these were positioned a few inches above the mound floor, apparently after a layer of soil was deposited.’
      • ‘Vein gold is deposited by hot subterranean water known as a hydrothermal fluid.’
      • ‘The overlying limestones and tuffs were deposited in shallow water as indicated by the rich shelly fauna.’
      • ‘Sediments deposited by the water may also have been brought to the surface by the meteorite impacts that gave rise to the many craters visible today.’
      • ‘Silver was deposited near the end of the copper deposition, and most specimens show a combination of silver on copper.’
      • ‘At the time of its abrupt opening, layers of unconsolidated lime mud and ash were already deposited on the dolomite surface.’
      • ‘That meteorite contains carbonates and other minerals that would have been deposited from liquid water flowing through it nearly 4 billion years ago.’
      • ‘From this data, scientists hope to determine whether some of the layers were deposited by wind, rather than by water.’
      • ‘Carbonaceous sediments were deposited over a wide range of environments.’
      leave behind, leave, set down, let settle, precipitate, dump
      View synonyms
    2. 1.2 Lay (an egg):
      ‘the female deposits a line of eggs’
      • ‘Females make slits in the branches and deposit their eggs inside.’
      • ‘Clutches of 8-15 eggs are deposited in nests that the females dig, and the hatchlings emerge between a year and 16 months later.’
      • ‘It ends with the female depositing her eggs in the male's pouch.’
      • ‘Most salamanders deposit aquatic eggs, which hatch into aquatic larvae.’
      • ‘Several females may deposit eggs in the same nest and a female may deposit eggs in several different nests.’
      • ‘Evidence for this comes from the fact that eggs at different stages of development can be found in their nests, suggesting that multiple females deposited eggs in the nest.’
      • ‘The females of many species deposit their eggs on just the few plant species that serve as food sources for the emerging larvae.’
      • ‘Once hatched, females return to their hatching beach every few years to deposit eggs.’
      • ‘The mother later returns, repeatedly, to each of her tadpoles, which have reduced beaks and denticles, and deposits unfertilized eggs for them to eat.’
      • ‘After this process is complete a male bull trout (usually only one) will fertilize eggs deposited by the female.’
      • ‘This can be understood by considering a scenario in which males can spawn for only 3 days (the same period that females spend depositing eggs).’
      • ‘The males become pregnant after the females deposit their eggs onto them.’
      • ‘When that happens, the usurper proceeds systematically to execute the now defenseless larvae before it deposits its own eggs in the gall.’
      • ‘Given the ephemeral nature of the pools, females need to deposit eggs early and quickly.’
      • ‘Eggs are deposited by the female one at a time and fertilized simultaneously by the male, with clutch sizes sometimes reaching 500 eggs.’
      • ‘A female ready to deposit her eggs seeks out a bloodsucking insect, generally a fly or mosquito.’
      • ‘Females leave the spawning area a few days after depositing their eggs.’
      • ‘Females deposited their eggs in clutches with the eggs arranged in rows, which meant that the order of fertilization by the different sires could be distinguished.’
      • ‘Females of some species will deposit eggs in other female's nests.’
      • ‘In many species, males guard nest sites in which several females can deposit their eggs.’
  • 2[with object] Place (something) somewhere for safekeeping:

    ‘a vault in which guests may deposit valuable property’
    • ‘After depositing my bags in a sarkari guest house I made for the office of the Dashauli Gram Swarajya Mandal.’
    • ‘The receptacles will be suitable for weapons to be deposited safely without opportunity of them being removed.’
    • ‘He also suggested that to prevent such a theft we should have deposited the helmets with him for safekeeping.’
    • ‘Traditionally, villagers deposit money in post offices as they consider them safe and they also earn more interest compared to banks.’
    1. 2.1 Pay (a sum of money) into a bank or building society account:
      ‘the money had been deposited in a Swiss bank account’
      • ‘Money laundering is charged because the lobster purchase and sale required money to be deposited in a bank.’
      • ‘Prosecutors believe that a large portion of the missing funds was deposited in local bank accounts that have yet to be traced.’
      • ‘He says an emergency meeting of all eight hospitals has been planned for Monday if money is not deposited in their bank accounts today.’
      • ‘Conventional wisdom has it that as equities perform better than savings in the long term, the money should not be deposited at a bank or building society but invested in stocks and shares.’
      • ‘When he started dating a girl he was quite seriously about, Mum opened a bank account, weekly deposited money into and gave him an access card so he could impress his girl.’
      • ‘If you file electronically and arrange for your refund to be deposited into your bank account, you'll get your money in less than two weeks, assuming the return is accurate.’
      • ‘The only sign of him is the money that's deposited into my bank account every month.’
      • ‘This may prevent the victim of a fraud seeking a proprietary remedy against a bank where money has been deposited into a bank account.’
      • ‘I always arrange for my regular tax refund to be deposited in my bank account.’
      • ‘For example, it says that your money must be deposited into a custodial account, which walls it off in case your employer goes bankrupt or is sold.’
      • ‘Would you also like to go to the bank and deposit regular sums of money?’
      • ‘I once had a large sum of money deposited into my bank account by mistake.’
      • ‘As far as he is concerned, they gave him the money to be deposited into his trading account so that he could trade with it.’
      • ‘The simplest and safest way is to put cash into an interest-bearing bank account, where you are paid by the bank for depositing your money.’
      • ‘The money would be deposited in a UN-controlled bank account used to buy food.’
      • ‘Early on, you may have to settle for a secured credit card, which is a card backed by money you deposit in a savings account.’
      • ‘The money collected was deposited in the State Account.’
      • ‘All too often, dividend cheques are just deposited into our bank accounts and spent.’
      • ‘Eurocurrency is the term given to any currency which is deposited in a bank account outside its country of origin.’
      • ‘The amount of money deposited in the saving accounts of each bank can be no more than $100 million yuan.’
      lodge, bank, house, store, stow, put away, hoard, lay in
      View synonyms
    2. 2.2 Pay (a sum) as a first instalment or as a pledge for a contract:
      ‘I had to deposit 10% of the price of the house’
      • ‘In fact, we allow them to deposit NT $20,000 initially and pay the remainder in installments.’
      • ‘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.’

Phrases

  • on deposit

    • (of money) placed in a deposit account:

      ‘half of the money is placed on deposit’
      • ‘Question 7: How much emergency money do you have on deposit?’
      • ‘I think of savers as people who want both their capital and their income to be safe and secure and, usually, their money ends up on deposit in a bank or building society.’
      • ‘Keeping some of your money on deposit is never a bad idea.’
      • ‘As a firm believer in the stock market as the best way to generate wealth, I don't keep a lot of money on deposit, except some tax-free savings.’
      • ‘They've always put their money on deposit and considered themselves to be savers, not investors.’
      • ‘While it might be tempting to leave money on deposit in the hope that interest rates will pick up there is a real problem with that strategy.’
      • ‘In an ideal world, you would sell your first home, have money on deposit earning interest - then buy your next home the following week.’
      • ‘If you cannily kept your money on deposit and were waiting for an opportunity to ‘average in’ to the stock market, now could be a good time to make the move.’
      • ‘Even putting money on deposit and living off the interest carries the risk of your bank going under.’
      • ‘Are you paying overdraft and double-digit personal loan rates on borrowings while leaving money on deposit at an interest rate of one or two per cent?’

Origin

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.

Pronunciation:

deposit

/dɪˈpɒzɪt/