Definition of "deposit" [de•pos•it]

  • (verb-transitive) To put or set down; place.
  • (verb-transitive) To lay down or leave behind by a natural process: layers of sediment that were deposited on the ocean floor; glaciers that deposited their debris as they melted.
  • (verb-transitive) To give over or entrust for safekeeping.
  • (verb-transitive) To put (money) in a bank or financial account.
  • (verb-transitive) To give as partial payment or security.

Use "deposit" in a sentence

  • "MUMBAI – State Bank of India late Thursday said it will increase interest rates on loans and a term deposit scheme with effect from Saturday, after its chairman hinted earlier in the day at a hike after the central bank's July monetary tightening."
  • "You earn higher interest only on the period that the money was in the term deposit."
  • "Since 2000, the daily correlation between the one-month Treasury repo rate and the fed-funds rate is nearly a perfect 1.0, meaning that the reverse repo strategy is functionally equivalent to the term deposit strategy."

Words like "deposit"