deposit

verb
de·​pos·​it | \ di-ˈpä-zət \
deposited\ -​ˈpä-​zə-​təd , -​ˈpäz-​təd \; depositing\ -​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)

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Other Words from deposit

Verb

depositor \ -​ˈpä-​zə-​tər , -​ˈpäz-​tər \ noun

Synonyms & Antonyms for deposit

Synonyms: Verb

bank

Synonyms: Noun

deposition, dregs, grounds, precipitate, sediment, settlings

Antonyms: Verb

withdraw

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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.
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Recent Examples on the Web: Verb

Taracena made contact with her cousin in Oregon, who had begun depositing money into an account that Taracena could use to buy food from a vending machine and make phone calls while in detention. Miriam Jordan, The Seattle Times, "Separated for 51 days, a reunited migrant family starts a new life in Oregon," 10 Sep. 2018 Authorities had said the money was paid to Sherry Pierce, who was hired by consulting firm owned by Norton's wife, and deposited into a bank account held by her and her husband. Fox News, "US drops bribery case against ex-Arizona utility regulator," 8 Aug. 2018 What is microblading: Microblading is a technique using a super-fine pen (technically, a bundle of 12 to 15 needles) to deposit pigment into skin. Deanna Pai, Glamour, "Microblading, Microshading, and Microfeathering: What's the Difference?," 23 Dec. 2018 The suit claims regulators violated a 2008 agreement requiring the company to deposit approximately $666 million in a trust to pay for leak response work. Michael Kunzelman, The Seattle Times, "Company can be ordered to drill to end 14-year-old oil leak," 21 Nov. 2018 The bill would remove the age cap and allow people above 70½ or older to deposit up to $6,500 a year in either a traditional IRA or a Roth IRA. Anne Tergesen, WSJ, "House Republicans Unveil Plan to Make Individuals’ Tax Cuts Permanent," 10 Sep. 2018 The city is currently considering a pilot program that would allow companies to deposit 2,500 scooters on city streets beginning in July, according to the San Francisco Municipal Transportation Authority. Peter Holley, chicagotribune.com, "Scooter companies conquer with a simple strategy: act first, answer questions later," 22 June 2018 Swanson, the former owner of the Swanson Funeral Home on Martin Luther King Avenue, also allegedly failed to properly deposit prepaid funds and used them for personal expenses, Schuette said in the release. Detroit Free Press Staff, Detroit Free Press, "Owner of Michigan funeral home with rotting bodies faces felony counts," 11 June 2018 The commission requires cruise lines that embark from a U.S. port and have at least 50 passenger rooms to deposit money into an escrow account to refund passengers when cruises are canceled. Rebekah L. Sanders, azcentral, "Booking a summer cruise? Here's how to protect your money," 8 June 2018

Recent Examples on the Web: Noun

Offered only through the National Sales Event, these incentives won’t last, so buyers must make a deposit between now and July 29. Houston Chronicle, "Toll Brothers announces its national sales event," 8 July 2018 Pierson set up a campaign on the fundraising platform to assist Kika make her medical co-payments and make a deposit on an apartment. Jim Ayello, Indianapolis Star, "IndyCar community rallies around 'icon' in need," 6 July 2018 Through Finn, customers can do all of their banking from their phone, like open an account, make a deposit, or send money to friends through the Zelle digital payments network. Adam Shell, USA TODAY, "Chase all-mobile bank, Finn, rolled out nationwide in search of Millennials," 28 June 2018 With a secured card, the consumer makes a deposit — say, $500 — and draws on the money to make purchases. Ann Carrns, New York Times, "Consumer Group Sees a Rise in People Checking Credit Scores," 22 June 2018 Stop by the San Diego Blood Bank trailer on Navy Pier on Monday, make a deposit, and receive one free pass to the museum. Lisa Deaderick, sandiegouniontribune.com, "Top weekend events: San Diego Comedy Festival, George Clinton & Parliament-Funkadelic, Fiesta Botanica," 25 May 2018 Prosecutors say Lee prepared documents in response to the Chinese requests, made unexplained cash deposits, and lied in interviews about his travel to China and actions there. Rachel Weiner, Washington Post, "Ex-CIA officer indicted on espionage charges," 8 May 2018 The Cardells made a deposit on a lot and put their Glastonbury house on the market in January of last year. Tony Bacewicz, courant.com, "North Woods of Colchester, Colchester," 22 Mar. 2018 After being unable to afford to make a deposit on an apartment last year, Rhodes and her four children lived in a 1997 Buick Regal for six months. CNN, "Helping America's mobile homeless," 16 Mar. 2018

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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First Known Use of deposit

Verb

1624, in the meaning defined at transitive sense 1

Noun

1621, in the meaning defined at sense 1

History and Etymology for deposit

Verb and Noun

Latin depositus, past participle of deponere — see depose

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Statistics for deposit

Last Updated

18 Jan 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

: 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

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 capsuleMedical 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 depositedLouisiana Civil Code

Other Words from deposit

depositor \ di-​ˈpä-​zə-​tər \ noun

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 propertyLouisiana Civil Code
4 : an act of depositing upon the deposit of the money in the escrow account
5 : depository night deposit

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More from Merriam-Webster on deposit

Rhyming Dictionary: Words that rhyme with deposit

Thesaurus: All synonyms and antonyms for deposit

Spanish Central: Translation of deposit

Nglish: Translation of deposit for Spanish Speakers

Britannica English: Translation of deposit for Arabic Speakers

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