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deposit verb ( MONEY )
/dɪˈpɒz.ɪt/
/-ˈpɑː.zɪt/ v Definition
•
[T] 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.
I deposited £500 in my account this morning.
•
[T] to pay someone a sum of money when you make an agreement with them to pay for or buy something, which either will be returned to you later, if the agreed arrangement is kept, or which forms part of the total paymentWhen we moved in, we had to deposit $1000 with the landlord in case we broke any of his things.
You deposit 20% now and pay the rest when the car is delivered.
(Definition of deposit verb (MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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