Deposits: meaning, definitions and examples
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deposits
[ dɪˈpɒzɪts ]
financial transactions
Deposits refer to money that is placed into a bank account. It is a sum of money that is usually placed for safekeeping or to earn interest.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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deposits |
Amounts of money placed into an account at a bank or financial institution. Often used when referring to actions performed on a regular basis or as part of a financial transaction.
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funds |
A general term for money, especially when it is collected or stored for a particular purpose. This word is versatile and can be used in both formal and informal settings.
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savings |
Money that someone has kept aside, usually in a savings account, and not spent. Commonly used in personal finance and household contexts.
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investment |
Money that is put into something with the expectation that it will generate a profit or increase in value over time. Typically used in more formal and financial contexts.
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Examples of usage
- I made a deposit of $100 into my savings account.
- The bank requires a minimum deposit of $50 to open an account.
geology
In geology, deposits are layers or accumulations of minerals, rock, or other materials. They are formed by natural processes such as erosion or sedimentation.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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deposits |
Can also refer to sums of money placed in a bank or other financial institution.
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reserves |
Used when referring to amounts of a resource that are available for future use, often in the context of natural resources or finances.
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veins |
Typically used to describe narrow, sheet-like bodies of mineral material that fill fractures or cracks in rock. It can also be used metaphorically.
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Examples of usage
- The gold deposits in that region are extensive.
- The mining company discovered a rich deposit of copper.
to put or set down
To deposit means to put or set down something in a specific place. It can refer to physically placing an object or making a payment into an account.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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deposits |
Used in financial and geological contexts: can refer to money put into a bank account or natural accumulations of minerals.
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place |
Used for positioning or arranging an object in a specific location.
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put |
General use for moving something to a particular position; very casual and versatile.
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store |
Refers to keeping objects or information for future use, especially in a protected or organized manner.
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Examples of usage
- Please deposit your bags in the luggage area.
- I need to deposit this check at the bank.
Translations
Translations of the word "deposits" in other languages:
🇵🇹 depósitos
🇮🇳 जमाओं
🇩🇪 Einlagen
🇮🇩 deposito
🇺🇦 депозити
- вклади
- відкладення
🇵🇱 depozyty
🇯🇵 預金
🇫🇷 dépôts
🇪🇸 depósitos
🇹🇷 mevduatlar
🇰🇷 예금
🇸🇦 الودائع
🇨🇿 vklady
🇸🇰 vklady
🇨🇳 存款
🇸🇮 vloge
🇮🇸 innlán
🇰🇿 депозиттер
🇬🇪 ანაბრები
🇦🇿 depozitlər
🇲🇽 depósitos
Etymology
The word 'deposits' originated from the Latin word 'deponere', which means 'to put down'. It first appeared in the English language in the late 18th century. Over time, 'deposits' has evolved to encompass various meanings related to finance, geology, and general actions of putting or setting down.
See also: deposit.