deposit
verb
\
-ˈpäz-təd
\;
depositing\-ˈpä-zə-tiŋ,
-ˈpäz-tiŋ
\
Definition of deposit
(Entry 1 of 2)
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
: to become deposited
deposit
nounDefinition 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
-ˈpäz-tər
\
noun
Synonyms & Antonyms for deposit
Synonyms: Verb
Synonyms: Noun
account, budget, fund, kitty, nest egg, pool
Antonyms: Verb
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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.
Recent Examples on the Web: Verb
Already, squid eggs are being deposited on the beach, said Anne Shaffer, executive director of the institute. — Lynda V. Mapes, The Seattle Times, "Lawsuit seeks more review of projects that ‘armor’ Puget Sound shoreline," 22 May 2018 McCullers did race ahead of Chad Pinder 0-2, only to hang another curveball which the A's left fielder deposited into the Crawford Boxes. — Chandler Rome, Houston Chronicle, "Athletics hammer Lance McCullers in Astros' loss," 12 July 2018 During their investigation, police determined Austin had deposited $2,045 cash into the checking account at his personal bank, where Austin used to work, on April 3, according to charging documents. — Erika Butler, The Aegis, "Darlington man faces theft charge from bank where he worked, court date coming," 6 July 2018 About a day after allegedly being forced to write a $10,000 check, which Neal deposited into her bank account, McCrackin was brought back to her home. — refinery29.com, "Two Actors Were Violently Kidnapped In A Real-Life Horror Movie Plot," 4 July 2018 An investigation found the former head of the Spokane NAACP chapter deposited about $83,924 into her bank account between August 2015 and September 2017. — Angela Helm, The Root, "Rachel Dolezal Booked and Released From Jail on Welfare Fraud Charges," 4 July 2018 Their bodies were first disposed of in a mine shaft, then retrieved and deposited into a shallow grave in the Koptayki Forest. — Anna Diamond, Smithsonian, "A Century Ago, the Romanovs Met a Gruesome End," 26 June 2018 But what if someone simply deposited his brain into another host? — Ashley Hoffman, Time, "Everything You Need to Know About Westworld Season 3," 25 June 2018 The marijuana was packaged at the Corvallis Cannabis Club, vacuum-sealed, placed into suitcases and driven or flown out of state, with thousands of dollars in proceeds deposited into different bank accounts, Schiltz wrote. — Maxine Bernstein, OregonLive.com, "Credit card fraud financed state-licensed Corvallis Cannabis Club, feds say," 12 June 2018Recent Examples on the Web: Noun
According to a police report, the employee had $400 and a $2,400 bank deposit stolen by a person at the ATM on July 3. — charlotteobserver, "Restaurant employee robbed at bank ATM in Ballantyne late Tuesday," 11 July 2018 But after two Garces investors spurned the deal and Garces filed for bankruptcy protection, Ballard cut its offer to $6,343,000, including $2 million in cash and $2.8 million to cover gift cards and catering deposits. — Michael Klein, Philly.com, "Jose Garces offers to add his own cash to sweeten sale of his restaurants," 28 June 2018 Those who file before Monday can expect a check or electronic bank deposit this summer, just months before the Nov. 6 election. — Max Bayer, Milwaukee Journal Sentinel, "What you need to know as the deadline for Wisconsin's $100-per-child tax rebate nears," 28 June 2018 And there are copper deposits all over Mesoamerica. — Kiona N. Smith, Ars Technica, "New study rethinks pre-Columbian turquoise trade," 14 June 2018 For people who put down a $1,000 deposit for a Tesla Model 3 as long as two years ago, the big day has arrived. — Timothy B. Lee, Ars Technica, "Tesla opens orders to all US and Canadian Model 3 reservation holders," 29 June 2018 Nine-inch pies are $32, and 11-inch deep-dish pies are $60, which includes a $10 refundable deposit for the pie tin. — Sara Cagle, latimes.com, "Where to pick up pie for the Fourth of July," 27 June 2018 Under the current system in Switzerland and elsewhere, when a borrower is approved for a loan, the bank creates an electronic deposit for the borrower, which the borrower transfers to the seller’s bank account. — Brian Blackstone, WSJ, "Swiss Voters Strongly Reject Money Reform Proposal," 10 June 2018 Hundreds of thousands of people placed $1,000 deposits for the car, but the company has been coy about the rate at which reservation holders are following through with orders when invited to configure their sedan. — Bloomberg, Fortune, "5 Things to Expect at Tesla's Heated Shareholder Meeting Today," 5 June 2018These 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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More Definitions for deposit
deposit
nounFinancial 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
nounFinancial 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
nounEnglish 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
\
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
nounKids 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
\
\;
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
nounMedical 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
\
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
Other Words from deposit
\
noun
deposit
nounLegal 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
: a bank deposit that can be withdrawn without prior notice
: 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
: a deposit that is made for a specific purpose, that is to be returned to the depositor, and that creates a bailment or trust
: 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.
: a deposit compelled by a sudden emergency
Note:
The Louisiana Civil Code deems the deposit of travelers' belongings with an innkeeper a necessary 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
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Comments on deposit
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