deposit
verb
\
-ˈpäz-təd
\;
depositing\ -ˈpä-zə-tiŋ ,
-ˈpäz-tiŋ
\
Definition of deposit
(Entry 1 of 2)
deposit
nounDefinition of deposit (Entry 2 of 2)
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Other Words from deposit
Verb
-ˈpäz-tər
\
noun
Synonyms & Antonyms for deposit
Synonyms: Verb
Synonyms: Noun
deposition, dregs, grounds, precipitate, sediment, settlings
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
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 2018Recent 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. 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)
deposit
nounKids Definition of deposit (Entry 2 of 2)
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deposit
transitive verb
\
\;
depositing\ -ˈpäz-ət-iŋ, -ˈpäz-tiŋ
\
Medical Definition of deposit
(Entry 1 of 2)
deposit
nounMedical Definition of deposit (Entry 2 of 2)
deposit
transitive verb
\
Legal Definition of deposit
(Entry 1 of 2)
Other Words from deposit
\
noun
deposit
nounLegal Definition of deposit (Entry 2 of 2)
Note: A deposit may be applied to a purchase price or may be considered partial payment.
3 in the civil law of Louisiana
Note: Like the common-law bailment, the civil law deposit requires either actual or constructive delivery.
Note: The Louisiana Civil Code deems the deposit of travelers' belongings with an innkeeper a necessary deposit.
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.
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