Pronunciation: /dɪˈpɑzɪt/
noun a layer or mass of a mineral or other substance found in a rock or other geological formation
A1 I made a deposit at the bank to save money.
A2 She had to pay a deposit to reserve the hotel room.
B1 The landlord required a deposit before renting out the apartment.
B2 The company made a large deposit into their savings account.
C1 The government imposed a deposit on certain types of waste disposal.
C2 The artist received a large deposit for a commissioned painting.
verb to put or set down a sum of money in a bank account or other fund
A1 I deposit my money in the bank every month.
A2 She deposits her keys on the table when she comes home.
B1 They asked for a deposit before renting the apartment.
B2 The company requires a deposit for their services.
C1 He decided to deposit his savings in a high-interest account.
C2 After winning the lottery, she deposited a large sum of money into her account.
formal The bank requires a deposit of at least $100 to open a savings account.
informal You'll need to put down a deposit if you want to reserve the venue for your party.
slang I had to drop a deposit on those concert tickets before they sold out.
figurative His kindness towards others is like a deposit in the bank of goodwill.
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