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

The laws also require the attorney general to seek approval from the Legislature’s budget-writing committee before settling any case and to deposit settlement winnings in the state general fund rather than in state Department of Justice accounts. — Todd Richmond, The Seattle Times, "Unions in court over laws limiting Wisconsin governor, AG," 25 Mar. 2019 Keep yourself accountable by setting reminders in your calendar to deposit your savings at the same time each week. — Blake Bakkila, Good Housekeeping, "The 52-Week Money Challenge Is an Easy Way to Save Almost $1,400 This Year," 9 Jan. 2019 Once approved, you'll be sent a box that to deposit old hair care, skin care, and cosmetic items in. — Lauren Rearick, Teen Vogue, "5 Ways to Recycle Your Makeup," 26 Oct. 2018 Two years ago, Musk unveiled the entry-level Model 3, inspiring hundreds of thousands to deposit $1,000 to get on the waiting list. — Recode Staff, Recode, "Recode Daily: Mark Zuckerberg cherry-picked the questions he answered for the EU Parliament," 23 May 2018 For those who can grin and bear it, the payoff is obvious once you’re deposited before some of the most beautiful and expansive views of New York available to the public. — Noor Brara, Vogue, "Studying the Art of the Manhattan at Danny Meyer’s New Restaurant, Manhatta," 20 July 2018 In December, Samarco obtained permits to use the Alegria Sul pit for depositing waste, but has held off preparatory work until settling with prosecutors. — Paula Sambo, Bloomberg.com, "Samarco Is Close to a Settlement With Brazil Prosecutors," 14 June 2018 The teen boy ultimately admitted to eight counts of reckless burning, two counts of depositing burning material on forest land, one count of second-degree mischief and one count of recklessly endangering hikers, the Oregonian reported. — Nicole Blanchard, idahostatesman, "Teen must pay $36M for starting massive Oregon fire. His lawyer calls sum 'absurd'," 21 May 2018 But Marcell Ozuna and Gyorko led off the second with singles and Paul DeJong won a nine-pitch battle by depositing a three-run homer to left. — Jeff Sanders, sandiegouniontribune.com, "Cardinals overpower Eric Lauer, Padres," 11 May 2018

Recent Examples on the Web: Noun

Someone said once, the law is the witness in external deposit of our moral life. — Fox News, "Kavanaugh's high school friend reacts to fiery testimony," 28 Sep. 2018 The Freedmen’s Bank, a savings and trust company with deposits from the newly freed, was opened by the federal government in 1865. — Kia Gregory, The New Republic, "Can divesting from America’s big financial institutions help fix racial inequality?," 31 May 2018 Now, scientists studying annual deposits of those ice layers have found that spikes and dips in lead pollution during the Roman era mirror the timing of many historical events, including wars fought by Julius Caesar. — Katie Langin, Science | AAAS, "Top stories: HPV vaccine debate, 2000-year-old pollution, and a lawmaker’s views on sea level rise," 18 May 2018 There is one bank in Illinois that will take deposits from dispensaries. — Ben Joravsky, Chicago Reader, "News / Politics / Weed Week Trump’s war on medical marijuana putting Illinois dispensaries at 'risk'," 24 Apr. 2018 The Fed action, though, does not require Wells Fargo to stop accepting customer deposits or making consumer loans. — Susan Tompor, Detroit Free Press, "Wells Fargo CEO recounts 'painful mistakes' in Detroit Econ Club chat," 15 Mar. 2018 That has crushed issuance of higher-yielding savings products, which used to give savers a way to augment low deposit returns. — Nathaniel Taplin, WSJ, "How to Depress Chinese Consumers Without Really Trying," 15 Feb. 2019 Israeli company Delek has a stake in Cyprus’ Aphrodite gas field, which lies close to Israel’s massive Leviathan deposit. — Menelaos Hadjicostis, The Seattle Times, "Israel: ‘Much safer’ Mediterranean with Cyprus teamwork," 12 Feb. 2019 For banks, transporting money from their vaults to ATMs and branches, sending and storing paper checks, and employing tellers to handle deposits and withdrawals is even more expensive. — Town & Country, "Is This the End of Cash?," 28 Jan. 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

23 Apr 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