deposit

Definitions


[dɪˈpɒzɪt], (Noun)

Definitions:
- a sum of money paid into a bank or building society account
(e.g: cash funds which are an alternative to bank or building society deposits)

- a sum payable as a first instalment on the purchase of something or as a pledge for a contract, the balance being payable later
(e.g: we've saved enough for a deposit on a house)

- a layer or mass of accumulated matter
(e.g: the deposits of salt on the paintwork)

- the action of placing something in a specified place
(e.g: the deposit of a thesis in a library gives no guarantee of copyright protection)


Phrases:
- on deposit

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


[dɪˈpɒzɪt], (Verb)

Definitions:
- put or set down (something or someone) in a specific place
(e.g: he deposited a pile of school books on the kitchen table)

- place (something) somewhere for safekeeping
(e.g: a vault in which guests may deposit valuable property)


Phrases:
- on deposit

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




definition by Oxford Dictionaries