de⋅pos⋅it
[di-poz-it]
| 1. | to place for safekeeping or in trust, esp. in a bank account: He deposited his paycheck every Friday. |
| 2. | to give as security or in part payment. |
| 3. | to deliver and leave (an item): Please deposit your returned books with the librarian. |
| 4. | to insert (a coin) in a coin-operated device: Deposit a quarter and push the button. |
| 5. | to put, place, or set down, esp. carefully or exactly: She deposited the baby in the crib. |
| 6. | to lay or throw down by a natural process; precipitate: The river deposited soil at its mouth. |
| 7. | to be placed, inserted, precipitated, left for safekeeping, given as security or in partial payment, etc. |
| 8. | money placed in a bank account or an instance of placing money in a bank account. |
| 9. | anything given as security or in part payment: The boy returned the bottle and got his five-cent deposit back. They made a deposit on the house and signed a ten-year mortgage. |
| 10. | anything laid away or entrusted to another for safekeeping: A large deposit of jewels was stolen from the hotel safe. |
| 11. | a place for safekeeping; depository. |
| 12. | something precipitated, delivered and left, or thrown down, as by a natural process: a deposit of soil. |
| 13. | the natural sediment of wine in a bottle. |
| 14. | a coating of metal deposited on something, usually by an electric current. |
| 15. | a natural accumulation or occurrence, esp. of oil or ore: a mountain range with many rich deposits of gold. |
1. bank, save, store. 15. lode, vein, pocket.
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Deposit
De*pos"it\, v. t. [imp. & p. p. Deposited; p. pr. & vb. n. Depositing.] [L. depositus, p. p. of deponere. See Depone, and cf. Deposit, n.]1. To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits her eggs in the sand; the waters deposited a rich alluvium. The fear is deposited in conscience. --Jer. Taylor. 2. To lay up or away for safe keeping; to put up; to store; as, to deposit goods in a warehouse. 3. To lodge in some one's hands for safe keeping; to commit to the custody of another; to intrust; esp., to place in a bank, as a sum of money subject to order. 4. To lay aside; to rid one's self of. [Obs.] If what is written prove useful to you, to the depositing that which I can not but deem an error. --Hammond. Note: Both this verb and the noun following were formerly written deposite.Deposit
De*pos"it\, n. [L. depositum, fr. depositus, p. p. of deponere: cf. F. d['e]p[^o]t, OF. depost. See Deposit, v. t., and cf. Depot.]1. That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated from a solution (as the siliceous deposits of hot springs), or that which is mechanically deposited (as the mud, gravel, etc., deposits of a river). The deposit already formed affording to the succeeding portion of the charged fluid a basis. --Kirwan. 2. (Mining) A natural occurrence of a useful mineral under the conditions to invite exploitation. --Raymond. 3. That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security. 4. (Law) (a) A bailment of money or goods to be kept gratuitously for the bailor. (b) Money lodged with a party as earnest or security for the performance of a duty assumed by the person depositing. 5. A place of deposit; a depository. [R.] Bank of deposit. See under Bank. In deposit, or On deposit, in trust or safe keeping as a deposit; as, coins were received on deposit.Cite This Source
deposit
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Deposit
1. A transaction involving a transfer of funds to another party for safekeeping.
2. A portion of funds that is used as security or collateral for the delivery of a good.
Investopedia Commentary
1. This type of deposit is identical to the money an investor transfers into a bank's savings or checking accounts.
2. Some contracts require a percentage of funds to be transferred before delivery as an act of good faith. An example is the initial margin deposit required for entering into a new futures contract.
Related Links
Margin Trading Tutorial
A Primer On Managed Futures
See also: Forward Contract, Futures Contract, Maintenance Margin, Margin, Savings Account
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Main Entry: de·pos·it
Pronunciation: di-'pä-z&t
Function: transitive verb
1 : to place for safekeeping or as security
2 in the civil law of Louisiana : to place (movable property) under a deposit
Main Entry: deposit
Function: noun
1 : the state of being deposited (as in an account)
2 : something placed for safekeeping: as a : money deposited in a bank esp. to one's credit
demand deposit
: a bank deposit that can be withdrawn without prior notice
general deposit
: a deposit of money in a bank that is to the credit of the depositor thereby giving the depositor the right to money and creating a debtor-creditor relationship
special deposit
: a deposit that is made for a specific purpose, that is to be returned to the depositor, and that creates a bailment or trust
time deposit
: a bank deposit that can be withdrawn only after a set period of time or with prior notice b : something given as security —see also SECURITY DEPOSIT
NOTE: A deposit may be applied to a purchase price or may be considered partial payment.
3 in the civil law of Louisiana a : the gratuitous transfer of possession of movable property to another for a limited time or specified purpose such that the depositary is liable to some extent for loss or damage to the property —see also SEQUESTRATION —compare BAILMENT, HIRING loan for consumption and loan for use at LOAN
NOTE: Like the common-law bailment, the civil law deposit requires either actual or constructive delivery.
necessary deposit
: a deposit compelled by a sudden emergency
NOTE: The Louisiana Civil Code deems the deposit of travelers' belongings with an innkeeper a necessary deposit.
voluntary deposit
: a deposit that is made by the mutual consent of the depositor and depositary
NOTE: The consent required may be express or implied, and because of the requirements of consent, only persons with the capacity to contract can make a voluntary deposit. b : the movable property that is the object of a deposit
4 : an act of depositing
5 : DEPOSITORY
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Main Entry: 1de·pos·it
Pronunciation: di-'päz-&t
Function: transitive verb
Inflected Form: de·pos·it·ed /-'päz-&t-&d, -'päz-t&d/; de·pos·it·ing /-'päz-&t-i[ng], -'päz-ti[ng]/
: to lay down or foster theaccumulation of as a deposit
Main Entry: 2deposit
Function: noun
: matter laid down or accumulated especially in a living organism by a normal or abnormal process
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deposit de·pos·it (dĭ-pŏz'ĭt)
v. de·pos·it·ed, de·pos·it·ing, de·pos·its
- To lay down or leave behind by a natural process.
- To become deposited; settle.
- An accumulation of organic or inorganic material, such as a lipid, in a body tissue, structure, or fluid.
- A sediment or precipitate that has settled out of a solution.
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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| deposit (dĭ-pŏz'ĭt) Pronunciation Key
An accumulation or layer of solid material, either consolidated or unconsolidated, left or laid down by a natural process. Deposits include sediments left by water, wind, ice, gravity, volcanic activity, or other agents. A layer of coal formed over many years through the decomposition of plant material is also a deposit. |
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
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