deposit

verb

de·pos·it | \ di-ˈpä-zət

deposited\ di-ˈpä-zə-təd

, -ˈpäz-təd \; depositing\ di-ˈpä-zə-tiŋ

, -ˈpäz-tiŋ \

Definition of deposit

(Entry 1 of 2)

transitive verb

1 : to place especially for safekeeping or as a pledge depositing her tools in the trunk of the car especially, economics : to put in a bank having your paycheck automatically deposited into your bank account

2a : to lay down : place deposited himself in the chair next to me

b : to let fall (something, such as sediment) layers of mud that had been deposited by the flood

intransitive verb

: to become deposited

deposit

noun

Definition of deposit (Entry 2 of 2)

1 : the state of being deposited

2 : something placed for safekeeping: such as

a : money deposited in a bank making a deposit or a withdrawal a deposit of $3,000

b : money given as a pledge or down payment put down a deposit on a new house

3 : a place of deposit : depository

4 : an act of laying or putting something or someone down : an act of depositing the deposit of boulders by ancient glaciers

5a : something laid down especially : matter deposited by a natural process sandy deposits at the river's mouth fatty deposits in the arteries

b geology : a natural accumulation (as of iron ore, coal, or gas)

Other Words from deposit Synonyms & Antonyms More Example Sentences Learn More about deposit

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Synonyms & Antonyms for deposit

Synonyms: Verb

bank

Synonyms: Noun

deposition, dregs, grounds, precipitate, sediment, settlings

Antonyms: Verb

withdraw

Examples of deposit in a Sentence

Verb

Your paycheck will be automatically deposited into your account. I deposited over $3,000 this afternoon. Please deposit your things in your room and return to the hotel lobby. The taxi deposited us at the train station.

Noun

Our records show that she made a large deposit to her account earlier in the month. If you return that empty soda can, you'll get back the five-cent deposit you paid when you bought the soda. The rental car company requires a deposit for drivers under the age of 25. a deposit of mud left by the flood He had surgery to remove calcium deposits from his knee. the buildup of fat deposits in the arteries Their company has discovered new oil deposits below the ocean floor.

Recent Examples on the Web: Verb

When most of us think of 3-D printing, also known as additive manufacturing, we picture jets depositing layers of plastic to create models for hobbyists. — Matthew Gault, Scientific American, "3-D Printers Could Help Spread Weapons of Mass Destruction," 10 Sep. 2019 The Rocks’ unique terroir is a combination of basalt gravel and sediment deposited during the Missoula Floods at the end of the last ice age, more than 13,000 years ago. — Washington Post, "Like wine from France’s Rhone Valley? Head to Walla Walla," 10 Sep. 2019 State police said that BB&T Bank deposited the dough into the couple’s account on May 31 in a clerical error by a bank teller. — Fox News, "Pennsylvania couple allegedly went on massive spending spree after $120G mistakenly added to bank account," 9 Sep. 2019 Upon investigation through his credit monitoring service, the victim learned that a loan had been opened in 2013 in his name with the funds deposited into a Missouri Bank. — Houston Chronicle, "Memorial Villages Police Department weekly report," 9 Sep. 2019 Justin was a struggling musician who worked with a successful entrepreneur on the side and had the dubious distinction of depositing his rather large paychecks. — Los Angeles Times, "Kombucha CEO says company’s founders ‘were “succeed at any cost” types of people’," 8 Sep. 2019 The left-hander pitched seven innings, struck out nine and gave up a run on four hits, his only mistake a 3-2 cutter that Manny Machado deposited over the left-field wall. — John Shea, SFChronicle.com, "Giants’ Bumgarner dominates Padres; homers from Belt, Yastrzemski," 30 Aug. 2019 Coleman received cash back when depositing Joyce’s campaign checks and signed for about $4,000 in bank withdrawal slips at the counter, according to the letter. — Eric Heisig, cleveland.com, "Former Highland Heights mayor admits to stealing $160,000 from Ohio Rep. Dave Joyce’s campaign," 29 Aug. 2019 Melanosomes move from the melanocytes to different cells, like the epidermis, and deposit the pigments that give us the color of our skin, hair, and eyes. — Daisy Hernandez, Popular Mechanics, "Scientists Learned How to Reconstruct Long-Extinct Animals," 20 Aug. 2019

Recent Examples on the Web: Noun

Upon finishing her resettlement training, Park was given a government subsidy that barely covered her housing deposit and phone contract. — Victoria Kim, Los Angeles Times, "She fled North Korea for a better life. How her lonely, impoverished death became political," 9 Sep. 2019 Another sign of trouble is the long list of former Doral members who quit the club years ago but are still waiting for their initial deposits back. — Washington Post, "Ethics outcry as Trump touts ‘magnificent’ Doral for next G7," 27 Aug. 2019 Another sign of trouble is the long list of former Doral members who quit the club years ago but are still waiting for their initial deposits back. — Bernard Condon, chicagotribune.com, "Trump wants to hold G-7 Summit at the Doral golf resort he owns: ‘It’s ethics violation squared’," 27 Aug. 2019 Another sign of trouble is the long list of former Doral members who quit the club years ago but are still waiting for their initial deposits back. — CBS News, "Ethics experts balk at Trump's proposal to host next G-7 on his property," 27 Aug. 2019 Their typical deposit in Yu’E Bao, an online cash-management service controlled by Alibaba, a giant internet firm, is 7,000 yuan compared with 4,000 yuan across all ages. — The Economist, "The elderly are the next big growth market for Chinese tech firms," 10 Aug. 2019 Nine buyers at the 320-unit condo project sued the developer to get out of their contracts and have their deposits refunded in light of construction delays at the project. — Candace Taylor, WSJ, "In Miami, There Are Too Many Condos and Not Enough Foreign Buyers," 27 June 2019 Hedge funder Scott Shleifer had the same problem with his penthouse and ended up walking away from his $6 million deposit. — Leena Kim, Town & Country, "The Plaza's 10 Juiciest Secrets Revealed," 7 June 2019 At this point, all of Virgin Galactic's existing tickets are sold out at $250,000 apiece, and about 700 people have put down their deposits. — Daniel Golson, Car and Driver, "The Range Rover Astronaut Edition Is Only for Virgin Galactic's Commercial Astronauts," 9 May 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'deposit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Dictionary Entries near deposit

deposit administration

depositary

Statistics for deposit

Last Updated

13 Sep 2019

Look-up Popularity

Time Traveler for deposit

The first known use of deposit was in 1621

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More Definitions for deposit

deposit

noun

Financial Definition of deposit

What It Is

In the finance world, a deposit is the placement of funds in an account with a bank or other financial institution. Many people also use the term to refer to a refundable down payment made to ensure that a future transaction occurs.

How It Works

In the banking world, there are two general types of deposits: demand deposits and time deposits. Demand deposits are the placement of funds into an account that allows the depositor to withdraw his or her funds from the account without warning or with less than seven days' notice. Checking accounts are demand deposits. They allow the depositor to withdraw funds at any time, and there is no limit to the number of transactions a depositor can have on these accounts (although this does not mean that the bank cannot charge a fee for each transaction).

A time deposit is an interest-bearing deposit held by a bank or financial institution for a fixed term whereby the depositor can withdraw the funds only after giving notice. Time deposits generally refer to savings accounts or certificates of deposit, and banks and financial institutions usually require 30 days' notice for withdrawal of these deposits. Individuals and companies often consider time deposits as "cash" or readily available funds even though they are technically not payable on demand. The notice requirement also means that banks may assess a penalty for withdrawal before a specified date. Time deposits may pay higher interest rates than demand deposits.

Why It Matters

Demand deposits at commercial banks are part of the M1 money supply calculated by the Federal Reserve. Time deposits below $100,000 are included in the Federal Reserve's M2 money supply measure, and time deposits above $100,000 are included in the M3 money supply. The Federal Reserve currently does not place reserve requirements on savings deposits and CDs, but the amount of demand deposits an institution has often dictates all or part of the reserves it must keep on hand either in vault cash or on deposit with the Federal Reserve; the more dollars an institution has in demand deposits, the more dollars it must keep in reserves.

Source: Investing Answers

time deposit

noun

Financial Definition of time deposit

What It Is

A time deposit is an interest-bearing deposit held by a bank or financial institution for a fixed term whereby the depositor can only withdraw the funds after giving notice.

How It Works

Time deposits generally refer to savings accounts or certificates of deposit, and banks and financial institutions usually require 30 days notice for withdrawal of these deposits.

Why It Matters

Individuals and companies often consider time deposits as cash, or readily available funds, even though they are technically not payable on demand. The notice requirement also means that banks may assess a penalty for withdrawal before a specified date.

Time deposits may pay higher interest rates than demand deposits such as checking or money market accounts, which allow withdrawals at any time. The Federal Reserve currently does not place reserve requirements on savings deposits and CDs.

Time deposits below $100,000 are included in the Federal Reserve's M2 money supply measure, and time deposits above $100,000 are included in the M3 money supply.

Source: Investing Answers

deposit

verb

English Language Learners Definition of deposit

(Entry 1 of 2)

: to put (money) in a bank account

somewhat formal : to put or leave (someone or something) in a particular place

: to leave an amount of (something, such as sand, snow, or mud) on a surface or area especially over a period of time

deposit

noun

English Language Learners Definition of deposit (Entry 2 of 2)

: an amount of money that is put in a bank account

: money that you give someone when you agree to buy something (such as a house or car)

: money that you pay when you buy or rent something and that you can get back if you return the thing or leave it in good condition

See the full definition for deposit in the English Language Learners Dictionary

deposit

verb

de·pos·it | \ di-ˈpä-zət

deposited; depositing

Kids Definition of deposit

(Entry 1 of 2)

1 : to place for or as if for safekeeping I deposited money in the bank.

2 : to give as a pledge that a purchase will be made or a service used He deposited ten dollars on a new bicycle.

3 : to lay down : put He deposited his books on the table.

4 : to let fall or sink Layers of mud were deposited by flood waters.

deposit

noun

Kids Definition of deposit (Entry 2 of 2)

1 : the state of being deposited money on deposit

2 : money that is deposited

3 : something given as a pledge or as part payment He put a deposit of ten dollars on a new bicycle.

4 : something laid or thrown down A deposit of mud was left by the flood.

5 : mineral matter built up in nature a coal deposit

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deposit

transitive verb

de·pos·it | \ di-ˈpäz-ət

deposited\ -ˈpäz-ət-əd, -ˈpäz-təd

\; depositing\ -ˈpäz-ət-iŋ, -ˈpäz-tiŋ

Medical Definition of deposit

(Entry 1 of 2)

: to lay down or foster the accumulation of as a deposit crystals are deposited in the articular cartilage, the synovium, and the capsule — Medical Radiography & Photography

deposit

noun

Medical Definition of deposit (Entry 2 of 2)

: matter laid down or accumulated especially in a living organism by a normal or abnormal process removal of calcium deposits in his knees by arthroscopic surgery

deposit

transitive verb

de·pos·it | \ di-ˈpä-zət

Legal Definition of deposit

(Entry 1 of 2)

1 : to place for safekeeping or as security may deposit the property with the court especially : 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 use of the thing deposited — Louisiana Civil Code

deposit

noun

Legal Definition of deposit (Entry 2 of 2)

1 : the state of being deposited (as in an account) holding the property on deposit — compare escrow, trust

2 : something placed for safekeeping: as

a : money deposited in a bank especially to one's credit

— demand deposit

: a bank deposit that can be withdrawn without prior notice

— general deposit

: a deposit of money in a bank that is to the credit of the depositor thereby giving the depositor the right to money and creating a debtor-creditor relationship

— special deposit

: a deposit that is made for a specific purpose, that is to be returned to the depositor, and that creates a bailment or trust

— time deposit

: a bank deposit that can be withdrawn only after a set period of time or with prior notice

b : something given as security — see also security deposit

Note: A deposit may be applied to a purchase price or may be considered partial payment.

3 in the civil law of Louisiana

a : the gratuitous transfer of possession of movable property to another for a limited time or specified purpose such that the depositary is liable to some extent for loss or damage to the property — see also sequestration — compare bailment, hiring, loan for consumption and loan for use at loan

Note: Like the common-law bailment, the civil law deposit requires either actual or constructive delivery.

— necessary deposit

: a deposit compelled by a sudden emergency

Note: The Louisiana Civil Code deems the deposit of travelers' belongings with an innkeeper a necessary deposit.

— voluntary deposit

: a deposit that is made by the mutual consent of the depositor and depositary

Note: The consent required may be express or implied, and because of the requirements of consent, only persons with the capacity to contract can make a voluntary deposit.

b : the movable property that is the object of a deposit the depositary is bound to use the same diligence in preserving the deposit that he uses in preserving his own property — Louisiana Civil Code

4 : an act of depositing upon the deposit of the money in the escrow account

5 : depository night deposit