"Deposit": 1. A sum of money paid by a buyer as part of the sale price of something in order to reserve it. The deposit may or may not be returned if the sale is not completed. 2. A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses.
Loading conversations.
Similar or Related Terms
Statistics
315
Characters
77
Words
53.85
Flesch Reading Ease
12.1
Flesch Kincaid Grade