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Definition of deposit
1a sum of money placed or kept in a bank account, usually to gain interest. an act of placing money in a bank account:I’d like to make a deposit 2a sum payable as a first installment on the purchase of something or as a pledge for a contract, the balance being payable later:we’ve saved enough for a deposit on a house a returnable sum payable on the rental of something, to cover any possible loss or damage. 3a layer or body of accumulated matter:the deposits of salt on the chrome a natural layer of sand, rock, coal, or other material.
verb (deposits, depositing, deposited)
1 [with object] put or set down (something or someone) in a specific place, typically unceremoniously:he deposited a pile of schoolbooks on the kitchen table
(usually be deposited
) (of water, the wind, or other natural agency) lay down (matter) gradually as a layer or covering:beds where salt is deposited by the tide
lay (an egg):the female deposits a line of eggs 2 [with object] store or entrust with someone for safekeeping. pay (a sum of money) into a bank account:the money is deposited with a bank pay (a sum) as a first installment or as a pledge for a contract:I had to deposit 10% of the price of the house