deposit

verb de·pos·it \ di-ˈpä-zət \

|Updated on: 3 Aug 2018

Examples: deposit in a Sentence

Definition of deposit

deposited play \-ˈpä-zə-təd, -ˈpäz-təd\; depositing play \-ˈpä-zə-tiŋ, -ˈpäz-tiŋ\

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

2 a : 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

—

depositor

play \-ˈpä-zə-tər, -ˈpäz-tər\ noun

See deposit defined for English-language learners

See deposit defined for kids

Examples of deposit in a Sentence

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

Recent Examples of deposit from the Web

McCrackin wrote a $10,000 check to Neal, who deposited the money in his own account.

— katie kilkenny, The Hollywood Reporter, "Three Charged in Kidnapping of 'Halloween: Resurrection' Actress," 4 July 2018
Demanding $10,000, the suspects ultimately settled for a check in that amount written to Neal, which was deposited in the suspect's account, the grand jury said.

— dennis romero /, NBC News, "Hollywood actor maimed in kidnapping, ransom plot, indictment says," 4 July 2018
On Friday, the system tallies the chores and the allowance or payment for that work is pulled from the parent's bank account and deposited in the child's account.

— sonja haller, USA TODAY, "Gender pay inequality starts at home. Parents pay boys twice as much allowance as girls," 3 July 2018
In June, Tether released a report in which Freeh Sporkin & Sullivan LLP, a law firm co-founded by former FBI director Louis Freeh, said Tether had $2.55 billion deposited in banks as of June 1.

— matthew leising, Bloomberg.com, "Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags," 29 June 2018
Eventually, six of the returns were processed and a total of $36,926 was deposited in a number of bank accounts, authorities said.

— nicholas rondinone, courant.com, "Nigerian Man Admits Stealing $36,000 Using Glastonbury School Employees' Tax Information," 22 June 2018
Caviar currently pays couriers once a week by depositing money in their bank accounts.

— jacob kastrenakes, The Verge, "Caviar drivers can now get paid instantly through Square’s Cash App," 14 June 2018
Leon kept searching, Tine said, climbing through and over everything that the mountain and the rain had deposited in what was left of his house, and around it.

— andrew carter and bruce henderson, charlotteobserver, "NC dropped program to map landslide hazards. Could it have prevented the latest deaths?," 31 May 2018
And for each dollar deposited in Carver Bank, 83 cents is reinvested in the community, according to bank reports.

— kia gregory, The New Republic, "Can divesting from America’s big financial institutions help fix racial inequality?," 31 May 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.

Origin and Etymology of deposit

Latin depositus, past participle of deponere — see depose

NEW! Time Traveler

First Known Use: 1624

in the meaning defined at transitive sense 1

See Words from the same year

deposit Synonyms

deposit

noun

Definition of deposit

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

5 a : 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)

See deposit defined for English-language learners

Examples of deposit in a Sentence

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 of deposit from the Web

In addition to highlighting the contents of a typical 17th-century Danish diet, the latrines reveal the poor sanitary conditions of the period—roundworm, tapeworm and whipworm eggs were all present in the deposits.

— meilan solly, Smithsonian, "Archaeologists Unseal 17th-Century Danish Latrines to Discover Copenhageners’ Dietary Habits," 9 July 2018
If rates paid on deposits increase faster than the rates charged on loans, then the relationship shown on the chart may break down.

— simon constable, WSJ, "What’s Driving Bank Stocks?," 8 July 2018
Securant Bank & Trust, founded in 1914 as Milwaukee Western Bank, has about $216 million in assets and approximately $171 in deposits.

— paul gores, Milwaukee Journal Sentinel, "Securant Bank & Trust to be acquired by First Citizens Bank," 27 June 2018
In 2015, Latvian banks held 12 billion euros in foreign deposits, worth almost half the economy.

— carlo piovano, Fox News, "US sanctions have a weak spot: tiny allies like Latvia," 1 June 2018
Tucker continued his banking relationship with U.S. Bank, allowing more than $176 million in deposits from his businesses to go into U.S. Bank accounts.

— steve vockrodt, kansascity, "U.S. Bank hit with with $613 million fine related to banking relationship with Scott Tucker | The Kansas City Star," 16 Feb. 2018
At the moment, Tesla says can't keep up with deposits put down on Powerwall or the interest shown in Solar Roof, which are produced as its Nevada Gigafactory and a Buffalo, N.Y., plant, respecitvely.

— marco della cava, USA TODAY, "Burning for Tesla Powerwall? Get ready to wait as Musk's solar vision takes a backseat to Model 3," 13 July 2018
Waterways are now showing signs of recovery, as are the upper layers of soil, although they are still strained by the acid deposits.

— lisa rathke, The Christian Science Monitor, "Pollution regulations decrease acid rain, spur red spruce rebound," 11 July 2018
The occupiers sort their trash, recycling, and compost and deposit it in nearby city receptacles.

— Philly.com, "ICE protestors outside City Hall battle heat, loss of electricity," 9 July 2018

Origin and Etymology of deposit

see ¹deposit

NEW! Time Traveler

First Known Use: 1621

in the meaning defined at sense 1

See Words from the same year

deposit Synonyms

Synonyms

account, budget, fund, kitty, nest egg, pool;

Related Words

chest, coffer(s);

assets, savings, savings account;

bankroll, cache, collection, cushion, hoard, pocketbook, reserve, treasure;

petty cash, pin money, pocket money, spending money;

Financial Definition of DEPOSIT

deposit

noun

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

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 Defined for English Language Learners

deposit

verb

Definition of deposit for English Language Learners

: 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

Definition of deposit for English Language Learners

: 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 Defined for Kids

deposit

verb de·pos·it \ di-ˈpä-zət \

Definition of deposit for Students

deposited; depositing

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

Definition of deposit for Students

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

Medical Dictionary

deposit

transitive verb de·pos·it \ di-ˈpäz-ət \

medical Definition of deposit

deposited play \-ˈpäz-ət-əd, -ˈpäz-təd\; depositing play \-ˈpäz-ət-iŋ, -ˈpäz-tiŋ\

: 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

: 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

Law Dictionary

deposit

transitive verb de·pos·it \ di-ˈpä-zət \

legal Definition of deposit

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

—

depositor

play \di-ˈpä-zə-tər\ noun

deposit

noun

legal Definition of deposit

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