- Deposit
- Deposit De*pos"it, n. [L. depositum, fr. depositus, p. p. of
deponere: cf. F. d['e]p[^o]t, OF. depost. See {Deposit}, v.
t., and cf. {Depot}.]
1. That which is deposited, or laid or thrown down; as, a
deposit in a flue; especially, matter precipitated from a
solution (as the siliceous deposits of hot springs), or
that which is mechanically deposited (as the mud, gravel,
etc., deposits of a river).
[1913 Webster]
The deposit already formed affording to the succeeding portion of the charged fluid a basis. --Kirwan. [1913 Webster]
2. (Mining) A natural occurrence of a useful mineral under the conditions to invite exploitation. --Raymond. [1913 Webster]
3. That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security. [1913 Webster]
4. (Law) (a) A bailment of money or goods to be kept gratuitously for the bailor. (b) Money lodged with a party as earnest or security for the performance of a duty assumed by the person depositing. [1913 Webster]
5. A place of deposit; a depository. [R.] [1913 Webster]
{Bank of deposit}. See under {Bank}.
{In deposit}, or {On deposit}, in trust or safe keeping as a deposit; as, coins were received on deposit. [1913 Webster]
The Collaborative International Dictionary of English. 2000.
