Definition of "deposit" []

• 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. (verb-transitive)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "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."