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1 a sum of money placed in a bank or other account.
2 a sum payable as a first instalment or as a pledge.
■ a returnable sum paid to cover possible loss or damage.
3 a layer or body of accumulated matter.
4 the action of depositing something.
▶verb (deposits, depositing, deposited)
1 put or set down in a specific place.
■ lay down naturally as a layer or covering.
2 store or entrust with someone for safe keeping.
■ pay as a deposit.
– phrases lose one's deposit (of a candidate in a UK parliamentary election) receive less than a certain proportion of the votes (thereby forfeiting a statutory financial deposit).
– derivatives depositor noun.
– originC16: from L.depositum (n.), med. L.depositare (v.), both from L.deposit-, deponere ‘lay aside’.