Meaning & use

deposit

verb, noun·Everyday

Last updated

UK/dɪˈpɒzɪt/
US/dɪˈpɑːzɪt/

Meanings

  1. verbtransitive

    To put money into a bank account.

    Grammar: Takes an object and often in or into: deposit the check in your account.

    Patterns

    • deposit something in something
    • deposit something into something

    She deposited her paycheck on Friday.

    He deposited two hundred dollars into his savings account.

    You can deposit checks using the mobile app.

  2. verbtransitive

    To put something down in a particular place, often carefully or for safekeeping.

    Grammar: Takes an object and a place: deposit the bag on the table.

    Patterns

    • deposit something somewhere

    The courier deposited the parcel on the porch.

    He deposited his keys in the bowl by the door.

    The river deposits rich soil on its banks.

  3. nouncountable

    A sum of money paid into an account, or paid as a first payment to secure a purchase or rental.

    Grammar: Often followed by on: a deposit on a car.

    Patterns

    • a deposit on something
    • a deposit for something

    We paid a deposit on the apartment.

    The landlord returned her security deposit in full.

    She made a deposit at the bank before lunch.

  4. nouncountabletechnical

    A layer or amount of a material built up naturally, such as minerals in the ground or sediment.

    Grammar: Used in geology and mining: gold deposits.

    Patterns

    • deposits of something

    Geologists found large deposits of coal under the hills.

    Calcium deposits had formed inside the kettle.

Word forms

pluraldeposits
third person singulardeposits
past tensedeposited
past participledeposited
-ing formdepositing

Common combinations

security deposit
The security deposit is refundable.
deposit a check
I need to deposit this check today.
pay a deposit
You must pay a deposit to reserve the room.
mineral deposit
A rich mineral deposit was found near the lake.
bank deposit
The bank deposit was credited the next morning.
deposit slip
Fill out a deposit slip at the counter.

Synonyms and how they differ

put
Put is the simple, general verb, while deposit suggests putting something somewhere official or safe, such as a bank.
pay in
Pay in is a British phrasal verb that means the same as deposit money in a bank, in a more casual style.
down payment
Down payment is a first payment toward a large purchase, which fits only the noun sense of paying part up front.
layer
Layer, in the geological sense, suggests an even stratum, but deposit stresses material left behind or laid down.

Opposites

Word family

depositor noun
a person who puts money in a bank
depository noun
a place where things are stored
deposition noun
sworn statement, or the laying down of sediment
redeposit verb
to deposit again

Commonly confused: deposit or depose?

deposit vs depose

Depose means to remove someone from power, while deposit means to put something down or pay it in.

Practice

I need to ___ this check before the bank closes.

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