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English definition of “deposit”

deposit

verb [T]     /dɪˈpɒzɪt/
BANKING to put money into a bank account, especially one that pays interest: deposit money/a cheque/fundsdeposit sth in/into sth You can choose to have your salary deposited directly into your bank account. → Compare withdraw
to leave money or something that is valuable in a safe place: deposit sth with sb The documents have been deposited with the solicitor for safe-keeping.
(Definition of deposit verb from the Cambridge Business English Dictionary © Cambridge University Press)
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