Definition: deposit
deposit
n 1: the phenomenon of sediment or gravel accumulating [syn: sedimentation,
alluviation]
2: matter deposited by water or ice or wind [syn: sediment]
3: money deposited in a bank [syn: bank deposit]
4: a partial payment made at the time of purchase; the balance
to be paid later [syn: down payment]
5: money given as security for an article acquired for
temporary use; "his deposit was refunded when he returned
the car"
6: a payment given as a guarantee that an obligation will be
met
7: a facility where things can be deposited for safekeeping
[syn: depository, repository]
8: the act of depositing [syn: deposition]
v 1: fix, force, or implant; "lodge a bullet in the table" [syn:
lodge, wedge, stick] [ant: dislodge]
2: put into a bank account [syn: bank] [ant: withdraw]
3: put (something somewhere) firmly; ""She posited her hand on
his shoulder"; "deposit the suitcase on the bench"; "fix
your eyes on this spot" [syn: situate, fix, posit]
Source: Webster's Revised Unabridged Dictionary (1913)
Deposit \De*pos"it\, v. t. [imp. & p. p. Deposited; p. pr. & vb. n. Depositing.] [L. depositus, p. p. of deponere. See Depone, and cf. Deposit, n.] 1. To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits her eggs in the sand; the waters deposited a rich alluvium. The fear is deposited in conscience. --Jer. Taylor. 2. To lay up or away for safe keeping; to put up; to store; as, to deposit goods in a warehouse. 3. To lodge in some one's hands for safe keeping; to commit to the custody of another; to intrust; esp., to place in a bank, as a sum of money subject to order. 4. To lay aside; to rid one's self of. [Obs.] If what is written prove useful to you, to the depositing that which I can not but deem an error. --Hammond. Note: Both this verb and the noun following were formerly written deposite.
Deposit \De*pos"it\, n. [L. depositum, fr. depositus, p. p. of deponere: cf. F. d['e]p[^o]t, OF. depost. See Deposit, v. t., and cf. Depot.] 1. That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated from a solution (as the siliceous deposits of hot springs), or that which is mechanically deposited (as the mud, gravel, etc., deposits of a river). The deposit already formed affording to the succeeding portion of the charged fluid a basis. --Kirwan. 2. (Mining) A natural occurrence of a useful mineral under the conditions to invite exploitation. --Raymond. 3. That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security. 4. (Law) (a) A bailment of money or goods to be kept gratuitously for the bailor. (b) Money lodged with a party as earnest or security for the performance of a duty assumed by the person depositing. 5. A place of deposit; a depository. [R.] Bank of deposit. See under Bank. In deposit, or On deposit, in trust or safe keeping as a deposit; as, coins were received on deposit.
Deposit, NY (village, FIPS 20346) Location: 42.06397 N, 75.42188 W Population (1990): 1936 (834 housing units) Area: 3.3 sq km (land), 0.2 sq km (water) Zip code(s): 13754
