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English definition of “deposit”

deposit

noun (MONEY)    /dɪˈpɒz.ɪt/ US  /-ˈpɑː.zɪt/
C1 [C] a payment, especially into a bank account: To open an account, you need to make a minimum deposit of $500.Investing moneyBanks and bank accounts B1 [C] an amount of money that you pay as the first part of the total payment for something: The shop assistant says if I leave £10 as a deposit, they'll keep the dress for me. We paid/put a deposit of £10,000 on the house, and paid the balance four weeks later.Renting, hiring and hire purchase in general Mortgages and real estateRenting propertyInvesting money C1 [C] an amount of money that you pay when you rent something, and is returned to you when you return the thing you have rented: It costs £1,000 a week to hire the yacht, plus a £120 refundable/returnable deposit. You pay a 10p deposit/deposit of 10p on the bottle, which you get back when you return the empty bottle.Costs and expensesForms of money and methods of payment
(Definition of deposit noun (MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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