Meaning & use

deposits

noun, verb·Everyday

Last updated

UK/dɪˈpɒzɪts/
US/dɪˈpɑːzɪts/

“deposits” is a form of “deposit”. See that entry for the full set of meanings.

Meanings

  1. nouncountable

    Sums of money placed in a bank account or paid as the first part of a larger payment.

    Grammar: Countable: one deposit, two deposits. Often used with 'make' or 'pay'.

    Patterns

    • make a deposit
    • pay a deposit on something
    • bank deposits

    She makes regular deposits into her savings account every month.

    The apartment costs $1,200 a month, plus a security deposit of $1,000.

    Bank deposits increased sharply during the holiday season.

  2. nouncountable

    Layers of a substance that have built up naturally in the ground or on a surface.

    Grammar: Countable, often used in the plural: mineral deposits, fat deposits.

    Patterns

    • mineral deposits
    • fat deposits
    • deposits of something

    Geologists found rich mineral deposits beneath the desert.

    The river leaves deposits of sand along its banks.

    The doctor explained that the fatty deposits in his arteries could be reduced with diet and exercise.

  3. verbtransitive

    Puts money into a bank account or leaves a layer of something on a surface.

    Grammar: Takes an object: deposit money, deposit a check. Third-person singular: he deposits.

    Patterns

    • deposit money in/into an account
    • deposit a check
    • deposit something on something

    He deposits his paycheck into his checking account every Friday.

    The wind deposits fine dust on the windowsills overnight.

    She deposits $200 each month toward her vacation fund.

Word forms

base formdeposit
third-person singulardeposits
past tensedeposited
past participledeposited
-ing formdepositing

Common combinations

bank deposits
Bank deposits are insured up to a certain amount.
security deposit
The landlord asked for a security deposit equal to one month's rent.
mineral deposits
The region is known for its rich mineral deposits.
make a deposit
You can make a deposit at any branch or ATM.
deposit slip
Fill out a deposit slip before you go to the teller.

Synonyms and how they differ

payment
A general word for money paid; 'deposit' specifically means part of the total paid in advance.
installment
One of several scheduled payments; a deposit is usually the first payment made to secure something.

Opposites

Word family

deposit noun
The singular form: a single sum of money or layer.
depositor noun
A person who puts money into a bank account.
deposition noun
The natural process of layers building up, or a formal legal statement.

Commonly confused: deposits or withdrawals?

deposits vs withdrawals

Withdrawals are money taken out of an account; deposits are money put in.

Practice

Choose the correct word: 'She _____ $500 into her savings account every month.'

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