A sum of money placed or kept in a bank account, usually to gain interest. noun
She made a deposit of $500 into her savings account.
The bank offers a higher interest rate for larger deposits.
A sum of money given as a first installment or as a pledge for a contract, the balance being payable later. noun
He paid a deposit on the car to secure the purchase.
The landlord requires a security deposit before you move in.
A layer or mass of accumulated matter. noun
The river left a deposit of silt on the banks.
Geologists found a deposit of minerals in the area.
To place or put something down in a specific place, especially for safekeeping. verb
She deposited her coat on the chair before entering the room.
He deposited the documents in the safe.
To put money into a bank account. verb
He deposited his paycheck into his checking account.
You can deposit cash at the ATM.