security deposit
noun
: an amount of money that a renter pays when beginning to rent property (such as an apartment) and that can be used to pay for any damage that the renter causes to the property
Examples of security deposit in a Sentence
Recent Examples on the Web
Landlords benefit from security deposit alternatives and a dashboard that automates rent collection.
—
Margot MacHol Bisnow, Forbes.com, 17 July 2025
To secure the apartment, Lightyear had to pay a security deposit, a broker's fee, and three months' rent totaling $2,780.
—Celia Fernandez, CNBC, 15 July 2025
She's already paid her security deposit for an apartment in Texas to live during her residency.
—arkansasonline.com, 5 July 2025
All three organizations are working on a $1.32 million grant from the Illinois Department of Human Services funneled through Lake County to provide help countywide to anyone not more than three months behind on their rent or mortgage or in need of help to make a security deposit.
—Steve Sadin, Chicago Tribune, 29 July 2025
See All Example Sentences for security deposit
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Margot MacHol Bisnow, Forbes.com, 17 July 2025
To secure the apartment, Lightyear had to pay a security deposit, a broker's fee, and three months' rent totaling $2,780.
—Celia Fernandez, CNBC, 15 July 2025
She's already paid her security deposit for an apartment in Texas to live during her residency.
—arkansasonline.com, 5 July 2025
All three organizations are working on a $1.32 million grant from the Illinois Department of Human Services funneled through Lake County to provide help countywide to anyone not more than three months behind on their rent or mortgage or in need of help to make a security deposit.
—Steve Sadin, Chicago Tribune, 29 July 2025
See All Example Sentences for security deposit
Cite this Entry
“Security deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/security%20deposit. Accessed 19 Aug. 2025.
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