deposit


deposit
1) A sum of money paid by a buyer as part of the sale price of something in order to reserve it. Depending on the terms agreed, the deposit may or may not be returned if the sale is not completed.
2) A sum of money left with an organization, such as a bank, for safekeeping or to earn interest or with a broker, dealer, etc., as a security to cover any trading losses incurred.
3) A sum of money paid as the first instalment on a hire-purchase agreement. It is usually paid when the buyer takes possession of the goods.

Accounting dictionary. 2014.

Synonyms:

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  • deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… …   Law dictionary

  • Deposit — may refer to: Deposit (town), New York Deposit (village), New York Deposit account, a bank account that allows money to be deposited and withdrawn by the account holder Demand deposit, the funds held in demand deposit accounts in commercial banks …   Wikipedia

  • Deposit — De*pos it, n. [L. depositum, fr. depositus, p. p. of deponere: cf. F. d[ e]p[^o]t, OF. depost. See {Deposit}, v. t., and cf. {Depot}.] 1. That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated… …   The Collaborative International Dictionary of English

  • deposit — n Deposit, precipitate, sediment, dregs, lees, grounds mean matter which settles to the bottom of or is let fall from suspension in a fluid (as air or water). Deposit, the most comprehensive term, refers to matter let fall by a natural or… …   New Dictionary of Synonyms

  • déposit — ● déposit nom masculin (anglais deposit, dépôt) En Bourse, synonyme de couverture. ● déposit (synonymes) nom masculin (anglais deposit, dépôt) Synonymes : couverture …   Encyclopédie Universelle

  • deposit — ► NOUN 1) a sum of money placed in a bank or other account. 2) a sum payable as a first instalment or as a pledge. 3) a returnable sum paid to cover possible loss or damage. 4) a layer or body of accumulated matter. 5) the action or an act of… …   English terms dictionary

  • Deposit — De*pos it, v. t. [imp. & p. p. {Deposited}; p. pr. & vb. n. {Depositing}.] [L. depositus, p. p. of deponere. See {Depone}, and cf. {Deposit}, n.] 1. To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits… …   The Collaborative International Dictionary of English

  • Deposit — Deposit, NY U.S. village in New York Population (2000): 1699 Housing Units (2000): 823 Land area (2000): 1.257708 sq. miles (3.257448 sq. km) Water area (2000): 0.059620 sq. miles (0.154416 sq. km) Total area (2000): 1.317328 sq. miles (3.411864… …   StarDict's U.S. Gazetteer Places

  • Deposit, NY — U.S. village in New York Population (2000): 1699 Housing Units (2000): 823 Land area (2000): 1.257708 sq. miles (3.257448 sq. km) Water area (2000): 0.059620 sq. miles (0.154416 sq. km) Total area (2000): 1.317328 sq. miles (3.411864 sq. km) FIPS …   StarDict's U.S. Gazetteer Places

  • deposit — [n1] down payment; money saved drop, installment, money in the bank, partial payment, pledge, retainer, security, stake, warranty; concepts 340,344 Ant. debit, withdrawal deposit [n2] accumulation of solid alluvium, delta, deposition, dregs,… …   New thesaurus

  • deposit — [dē päz′it, dipäz′it] vt. [< L depositus, pp. of deponere, to put down < de , down + ponere, to put: see POSITION] 1. to place or entrust for safekeeping 2. to put (money) in a bank, as for safekeeping or to earn interest 3. to put down as… …   English World dictionary