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- noundeposit (noun) · deposits (plural noun)
- a sum of money placed or kept in a bank account, usually to gain interest:"cash funds which are an alternative to bank or building society deposits"
- a sum payable as a first installment on the purchase of something or as a pledge for a contract, the balance being payable later:"we've saved enough for a deposit on a house"Similar:
- a returnable sum payable on the rental of something, to cover any possible loss or damage:"a refundable $100 deposit is payable on arrival at the villa"
- the action of placing something in a specified place:"the deposit of a thesis in a library gives no guarantee of copyright protection" · "I'd like to make a deposit"
verbdeposit (verb) · deposits (third person present) · deposited (past tense) · deposited (past participle) · depositing (present participle)Originlate 16th century (especially in the phrases in deposit or on deposit): from Latin depositum (noun), medieval Latin depositare (verb), both from Latin deposit- ‘laid aside’, from the verb deponere. - People also ask
- Deposit is a legal term that refers to the bailment of goods or property to another who promises to keep it or use it and return it in kind1. It is anything of value that is given to a creditor to secure the performance of an obligation2. Deposits can be divided into two kinds: necessary and voluntary3. A necessary deposit arises from pressing necessity, while a voluntary deposit arises from the mere consent or agreement of the parties3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Deposit means bailment of goods or property to another who promises to keep it or use it and return it in kind. For example, the act of placing money in a bank for security purpose and convenience. The money or property so given is also known as the deposit.definitions.uslegal.com/d/deposit/A deposit, according to the law, is anything of value that is given to a creditor to secure the performance of an obligation. This could be money, securities, or any other valuable thing.isalegal.info/legal-definition-of-deposit/Deposits, in the civil law, are divisible into two kinds; necessary and voluntary. A necessary deposit is such as arises from pressing necessity; for instance, in case of a fire, a shipwreck, or other overwhelming calamity. A voluntary deposit is such as arises without any such calamity, from the mere consent or agreement of the parties.www.upcounsel.com/legal-def-deposit
Deposit legal definition of deposit - TheFreeDictionary.com Legal ...
WEBDeposit is the act of placing money or property with a bank, a person, or a court for safekeeping or security. Learn about the different kinds of deposits, such as voluntary, involuntary, sequestration, and irregular, and their legal implications.
See results only from legal-dictionary.thefreedictionary.comDeposits legal definition of d…
Definition of deposits in the Legal Dictionary - by Free online English dictionary and …
Legal Definition of Deposit - UpCounsel
- Deposits, in the civil law, are divisible into two kinds; necessary and voluntary. A necessary deposit is such as arises from pressing necessity; for instance, in case of a fire, a shipwreck, or other overwhelming calamity. A voluntary depositis such as arises without any such calamity, from the mere consent or agreement of the parties. This distin...
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deposit Definition, Meaning & Usage | Justia Legal Dictionary
WEBDefinitions of "deposit". The act of leaving something temporarily in a secure place for protection or as a pledge. The process where movable property is put under a deposit …
Deposit - FindLaw Dictionary of Legal Terms
WEBSearch for a definition or browse our legal glossaries. term: Deposit. deposit vt. 1: to place for safekeeping or as security [may the property with the court] ;esp: to put in a bank …
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DEPOSIT Definition & Meaning - Black's Law Dictionary
WEBFind the legal definition of DEPOSIT from Black's Law Dictionary, 2nd Edition. A naked bailment of goods to be kept for the depositor without reward,and to be returned …
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Deposit Law and Legal Definition | USLegal, Inc.
WEBDeposit Law and Legal Definition. Deposit means bailment of goods or property to another who promises to keep it or use it and return it in kind. For example, the act …
Definition: deposit from 12 USC § 1813(l) | LII / Legal Information ...
WEBdeposit The term “deposit” means— Source. 12 USC § 1813(l) Scoping language As used in this chapter
What Is a Deposit? Definition, Meaning, Types, and Example
WEBDec 14, 2023 · Maddy Simpson. Investopedia / Theresa Chiechi. A deposit is money held in a bank account or with another financial institution that requires a transfer from one …
Definition of DEPOSIT • Law Dictionary • TheLaw.com
WEBLegal definition for DEPOSIT: contracts. Usually defined to be a naked bailment of goods to be kept for the bailor, without reward, and to be returned when he shall require it. …
Bank Deposits - Investopedia
WEBMay 20, 2023 · Bank deposits consist of money placed into banking institutions for safekeeping . These deposits are made to deposit accounts such as savings accounts …
Deposits - when are you entitled to your money back - Hughes …
WEBHowe v Smith (1884) 27 Ch D 89 defines a deposit in law as: a payment made to secure or guarantee a seller’s performance of the contract. It is considered “security for …
Special Deposit Law and Legal Definition | USLegal, Inc.
WEBSpecial Deposit Law and Legal Definition. A special deposit consists in the placing of specific kinds of money or property in the possession of the bank, with an …
security deposit | Wex | US Law | LII / Legal Information Institute
WEBA security deposit is a payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. Cases such as this one from …
Legal Dictionary | Law.com
WEBn. a payment required by a landlord from a tenant to cover the expenses of any repairs of damages to the premises greater than normal "wear and...
12 CFR § 204.2 - Definitions. - LII / Legal Information Institute
WEB§ 204.2 Definitions. For purposes of this part, the following definitions apply unless otherwise specified: (a) (1) Deposit means:
What's Special About Special Deposits? The New Uniform
WEBJan 31, 2024 · The term “account agreement” is defined in the act as a “record” between a bank and at least one depositor (and that may have additional beneficiaries) that …
Deposit Definition & Meaning - Merriam-Webster
WEBThe meaning of DEPOSIT is to place especially for safekeeping or as a pledge; especially, economics : to put in a bank. How to use deposit in a sentence.
Legal deposit - Wikipedia
WEBLegal deposit is a legal requirement that a person or group submit copies of their publications to a repository, usually a library. The number of copies required varies …
deposit - FCA Handbook
WEBdeposit. (1) (except in COMP) the investment, specified in article 74 and defined in articles 5 (2) and 5 (3) of the Regulated Activities Order, which is in summary: a sum of money …
certificate of deposit (CD) | Wex | US Law | LII / Legal Information ...
WEBCertificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time and during that time, the account accrues interest, which the …
Deposit account - Wikipedia
WEBFrom a legal and financial accounting standpoint, the noun "deposit" is used by the banking industry in financial statements to describe the liability owed by the bank to its …
Direct Deposit: What It Is, How It Works, Benefits & Risks
WEBMar 12, 2024 · The term direct deposit refers to the deposit of funds electronically into a bank account rather than through a physical, paper check. Direct deposit requires the …
Signed by the Governor: Tennessee Law Excludes CBDC from …
WEB3 days ago · An amendment in the Senate Commerce Labor Committee added language to also exclude CBDC from the definition of a “deposit account.” On April 1, the House …
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