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 The agreement allowed the plaintiffs to keep the defendants’ $10,000 security deposit. —

Stephen Underwood, Hartford Courant, 14 July 2024 The days of needing to save two to three months’ worth of rent for a security deposit are largely over in California. —

Andrew J. Campa, Los Angeles Times, 3 July 2024 The new law prevents most landlords from charging renters two to three times the amount of monthly rent as a security deposit. —

Sarah Linn, Sacramento Bee, 1 July 2024 Instead, property owners can only charge tenants a security deposit that’s equivalent to one month’s rent. —

Angela Rodriguez, Sacramento Bee, 24 June 2024 See all Example Sentences for security deposit

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'security deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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“Security deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/security%20deposit. Accessed 27 Jul. 2024.

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