Deposit: meaning, definitions and examples

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deposit

[ dɪˈpɒzɪt ]

^{Context #1}

banking

A sum of money placed or kept in a bank account, usually to gain interest.

Synonyms

down payment, installment, payment

Examples of usage

The customer made a deposit of $1000 into their savings account.
She withdrew the deposit from the ATM.

^{Context #2}

banking

To put money into a bank account.

Synonyms

place, put in, store

Examples of usage

She deposited her paycheck into her checking account.
He deposited cash at the teller window.

Translations

Translations of the word "deposit" in other languages:

🇵🇹 depósito

🇮🇳 जमा

🇩🇪 Einzahlung

🇮🇩 deposit

🇺🇦 депозит

🇵🇱 depozyt

🇯🇵 預金 (よきん)

🇫🇷 dépôt

🇪🇸 depósito

🇹🇷 mevduat

🇰🇷 예금 (yegeum)

🇸🇦 إيداع (iidaa)

🇨🇿 vklad

🇸🇰 vklad

🇨🇳 存款 (cúnkuǎn)

🇸🇮 depozit

🇮🇸 innborgun

🇰🇿 депозит

🇬🇪 ანაბარი (anabari)

🇦🇿 əmanət

🇲🇽 depósito

Word origin

The word 'deposit' originated from the Latin word 'depositum', meaning 'something deposited or placed'. Over time, the term evolved to refer specifically to money placed in a bank. The concept of deposits dates back to ancient civilizations, where people would entrust valuables to temples or other secure locations for safekeeping.