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noun B1 Intermediate Common

deposit

dih-POZ-iht

Deposit (noun) means a sum of money paid into a bank account, or an initial partial payment made to secure a purchase. Example: “They paid a 10% deposit on the house.”

noun
1
A sum of money paid into a bank account, or an initial partial payment made to secure a purchase.
"They paid a 10% deposit on the house."
"She made a deposit at the bank on her lunch break."
2
A layer of material, such as minerals or sediment, that has built up naturally in a particular place.
"Geologists found a large deposit of copper beneath the hillside."
verb
1
To put money into a bank account, or to leave something in a particular place.
"He deposited his paycheck using the banking app."
"The river deposits silt along its banks every spring."

How to use deposit

Learner’s notes

In plain EnglishMoney put into an account or paid upfront, or natural material that has settled somewhere over time.

Common pairings
pay a deposit deposit money mineral deposit security deposit

Word forms

deposited past tense, deposits plural, deposits singular

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Test yourself on “deposit” A quick quiz — meaning, synonyms & usage

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Can you complete this real example?

They paid a 10% _____ on the house.

Etymology

A learned borrowing from Latin depositus, the past participle of deponere ("to put down") — making it a doublet of "depot."

Origin: Latin

Related words

Frequently asked questions

What does “deposit” mean?

The word “deposit” means a sum of money paid into a bank account, or an initial partial payment made to secure a purchase. In plain terms, money put into an account or paid upfront, or natural material that has settled somewhere over time.

How do you pronounce “deposit”?

“Deposit” is pronounced dih-POZ-iht (/dɪˈpɑ.zɪt/ in IPA).

How do you use “deposit” in a sentence?

Here is “deposit” used in a sentence: “They paid a 10% deposit on the house.”

What is the opposite of “deposit”?

The opposite of “deposit” — its antonyms — is withdraw.

What part of speech is “deposit”?

Depending on how it is used, “deposit” can be a noun and a verb.

Where does the word “deposit” come from?

The word “deposit” comes from Latin. A learned borrowing from Latin depositus, the past participle of deponere ("to put down") — making it a doublet of "depot.".

Is “deposit” a common word?

“Deposit” is a fairly common word in modern English, usually learned at around the B1 level.

How many meanings does “deposit” have?

“Deposit” has 3 distinct senses listed in this dictionary. The most common is: a sum of money paid into a bank account, or an initial partial payment made to secure a purchase.

What is the difference between a "deposit" and a "down payment"?

A "deposit" is an initial partial payment made to secure a purchase or reserve something, and it may be refundable. A "down payment" is specifically the upfront portion of a purchase price, with the rest usually paid later or financed.

What is the difference between "deposit" and "withdrawal"?

A "deposit" is money paid into a bank account, increasing the balance. A "withdrawal" is money taken out of an account, reducing the balance, so the two are opposites.

What preposition is used with "deposit"?

You put a deposit "on" something you want to buy, as in "a deposit on a house," and you pay a deposit "into" a bank account. You can also make a deposit "of" a certain amount.

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Definitions: FreeDict original editorial