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deposit

Syllabification: (de·pos·it)
Pronunciation: /diˈpäzit/

Translate deposit | into French | into German | into Italian | into Spanish
Definition of deposit

noun

  • 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

Origin:

late 16th century (especially in the phrases in deposit or on deposit): from Latin depositum (noun), medieval Latin depositare (verb), both from Latin deposit- 'laid aside', from the verb deponere

Spelling rule

Do not double the final consonant when adding endings that begin with a vowel to a word that ends in a vowel plus a consonant, if the stress is not at the end of the word (as in target): (deposits, depositing, deposited).

deposit in other Oxford dictionaries

Definition of deposit in the British & World English dictionary