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- I UK [dɪˈpɒzɪt] / US [dɪˈpɑzɪt]
noun [countable]
Word forms "deposit":
singular deposit plural deposits1) a first payment that you make when you agree to buy something expensive such as a car or house. The rest of the money that you pay later is called the balanceput down a deposit (= pay it):She paid a £500 deposit, and agreed to pay the balance within six months.
We've put down a deposit on a new house.
2) an amount of money that you pay when you start to rent something such as a flat or car, that is returned to you when you stop renting it3) an amount of money that you pay into a bank accountmake a deposit:He made a £2,000 cash deposit on 5 April.
4) in the UK, an amount of money that someone pays to become a candidate in an election. Candidates who do not get many votes do not get their deposit back after the electionlose your deposit (= get very few votes):The Conservative candidate came last and lost her deposit.
5)a) a layer of a metal or another substance that has formed in soil or rockRich mineral deposits have been discovered in the area.
b) a layer of a substance that gradually forms on or inside somethingthe build-up of fat deposits in the arteries
II UK [dɪˈpɒzɪt] / US [dɪˈpɑzɪt] verb [transitive]
Word forms "deposit":
present tense I/you/we/they deposit he/she/it deposits present participle depositing past tense deposited past participle deposited1) formal to put or leave something somewhereThey deposited their suitcases at the hotel.
2) to pay money into a bank accountBillions of dollars are deposited in banks every day.
3) to put something valuable in a safe place4) if a substance is deposited in the soil or in rock, it gradually gathers there and forms a layerThese sediments were deposited by floods thousands of years ago.
English dictionary. 2014.