deposit

verb de·pos·it \ di-ˈpä-zət \

|Updated on: 22 Jun 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

First, Missouri law requires that half of a punitive damages award (after deducting for attorneys’ fees and expenses) be deposited into the state’s tort victims' compensation fund.

— michael mccann, SI.com, "Reggie Bush’s Trial Win vs. Rams Could Be Precedent for More Athletes Filing Injury Lawsuits," 13 June 2018
And that sealed the deal that there was this 100-plus-mile-wide crater that could be dated right to the end of the Cretaceous—the exact same time as the dinosaurs died—and that thin clay layer was deposited around the world.

— robert clark, National Geographic, "Why Today is the Golden Age for Dinosaur Discoveries," 2 June 2018
Bank records showed that inmates' payments for the narcotics were deposited into their company's bank accounts as well as personal accounts held by Rodriguez and Mendez.

— jay weaver, miamiherald, "Inmates liked being served these legal papers. They were soaked with synthetic pot.," 31 May 2018
These revealed that $83,294 was deposited in her US bank account between August 2015 and September 2017, the records show.

— faith karimi, CNN, "Rachel Dolezal, white woman who portrayed herself as black, accused of welfare fraud," 25 May 2018
Fifth Third Bank investigators found that more than 10 checks addressed to UPS totaling more than $58,000 were deposited into Henderson-Spruce's account, the charges said.

— Fox News, "Mail sent to UPS headquarters rerouted to Chicago apartment," 11 May 2018
The money was deposited into a First Republic account for Essential Consultants, Avenatti said.

— NBC News, "Daniels' lawyer: Cohen got $500K from Russian oligarch Viktor Vekselberg," 8 May 2018
Bank records show the check was deposited into Luster’s company bank account the same day, the affidavit states.

— zak koeske, Daily Southtown, "Blighted property allegedly seized by Harvey had been part of FBI probe of mayoral consultant, records show," 4 May 2018
Their pay might be $5 a month, half of which was deposited in their school accounts, a lockbox that students had to fight to open.

— jeff gammage, Philly.com, "A search for native children who died on 'Outings' in Pa.," 2 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

According to a preliminary draft, The Banks is seeking an experienced developer with a track record in waterfront development willing to put down a $75,000 earnest money deposit as a sign of their commitment.

— randy tucker, Cincinnati.com, "As The Banks searches for a developer, tenants fret over project's future," 8 Jan. 2018
An existing carmaker could put right Tesla’s difficulties in churning out Model 3s to satisfy the more than 450,000 people who have put down a deposit.

— The Economist, "As Tesla’s share price falls, it becomes an inviting takeover target," 26 May 2018
The La Liga giants were initially questioning their decision to buy Arthur, despite putting down a €4m deposit, but the Blaugrana are now expected to move full speed ahead and trigger the 21-year-old's €30m release clause.

— SI.com, "Barcelona 'Overcome Doubts' & Will Move Ahead With Deal to Sign Gremio Star Arthur," 13 May 2018
The owners already put a deposit down on a canning line.

— daniel barnes, sacbee, "Everything from craft to 'Old School' is on tap here | The Sacramento Bee," 11 May 2018
Brandon Lecroy put down a $100 deposit to have his neighbor killed and hung from a tree with a flaming cross placed in his yard.

— sydney scott, Essence.com, "The Quick Read: Spotify Removes R. Kelly's Music From Its Playlists," 10 May 2018
Almost half-a-million people put down $1,000 deposits on the Model 3.

— keith naughton, Bloomberg.com, "GM's Electric Bolt Slows While Tesla Model 3 Sales Pick Up Speed," 2 May 2018
China’s Ministry of Commerce said that starting Wednesday, Chinese importers of U.S. sorghum, used by the Chinese for animal feed and brewing alcohol, will be required to put down a 178.6 percent deposit in anticipation of anti-dumping tariffs.

— tory newmyer, Washington Post, "The Finance 202: 'Happy hour in America.' Tax cuts could leave economy weaker after short-term boost," 18 Apr. 2018
Also, more than 50 pieces of Kaufman Weiner’s jewelry were taken from a safe deposit box and pawned, police said.

— linda trischitta, Sun-Sentinel.com, "Former caretakers steal $1.4 million in cash, jewelry worth $1 million from widow, police say," 10 Apr. 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