Deposit

A sum of money placed or kept in a bank account, often earning interest, or a similar act of placing something for safekeeping. It can also refer to a down payment, a layer or accumulation of a substance, or a person or thing considered a source or repository. A Deposit signifies trust, security, and the potential for future gains, in a financial context, and solidity and layering in a physical context. It frequently entails a temporary transfer, but it is a concrete act with significant implications across multiple domains. It can imply trust, a promise, or simply a record of placement.

Deposit meaning with examples

• After weeks of saving, Sarah finally made a Deposit into her new savings account. She carefully completed the paperwork and felt a sense of accomplishment. This Deposit marked the beginning of her financial goals, allowing her money to safely grow over time. Sarah knew that this Deposit was a step towards security and future plans, giving her peace of mind.
• The tenant paid a security Deposit before moving into the apartment. This Deposit covered potential damages and ensured the landlord against losses. Upon inspection, the property was in good order, and the Deposit would then be returned. This type of Deposit acts as a safety net for both parties, allowing them to trust that agreement would not have any future issues.
• Geologists examined the riverbed and found a Deposit of valuable minerals. The Deposit, formed over centuries, indicated an area of high mineral concentration. This Deposit provided evidence of the area's history and potentially great resources for future exploitation. The Deposit was an important discovery that had value to many interested parties.
• The scientist took a soil sample that revealed a layer of silt deposit. This Deposit offered clues about the area's climate and environmental changes over the years. Through careful analysis, this sediment Deposit, helped scientists to learn about the earth’s past, illustrating how it has changed over the ages.