deposit noun Meaning in the Cambridge Learner’s Dictionary Cambridge dictionaries logo

Meaning of “deposit” - Learner’s Dictionary

deposit

noun [C]     /dɪˈpɒzɪt/
BUYING B1 a payment that you make immediately when you decide to buy something, as proof that you will really buy it: They've put down a deposit on a house.Buying and selling in general
BANK an amount of money that you pay into a bank: to make a deposit Banks and bank accounts
SUBSTANCE a layer of a substance that has developed from a natural or chemical process: deposits of iron oreMineralogyCoverings and layers
RENT an amount of money that you pay when you rent something, and that is given back to you when you return it without any damageCosts and expensesRenting propertyMortgages and real estateRenting, hiring and hire purchase in general
(Definition of deposit noun from the Cambridge Learner’s Dictionary © Cambridge University Press)
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