Business / Real Estate / Security Deposit: Money deposited by or for the tenant with the landlord, to be held by the landlord for the following purposes: 1. to remedy tenant defaults for damage to the premises (be it accidental or intentional), for failure to pay rent due or for failure to return keys at the end of the tenancy, 2. to clean the dwelling so as to place it in as fit a condition as when the tenant commenced possession, considering normal wear and tear, and 3. to compensate for damages caused by a tenant who wrongfully quits the dwelling unit.
Deposit Adjective Synonyms: place, leave, set or put or lay (down), drop, plunk down
Deposit Verb Synonyms: entrust, leave, lodge, consign, keep, place, put, store, save, set aside, bank, lay or put away, pay in, stash away
Deposit Noun Synonyms: precipitate, sediment, silt, alluvium, dregs, lees, accumulation, deposition
Security Verb Synonyms: safety, shelter, protection, fastness, refuge, safe keeping, sanctuary, asylum
Science / Geology / Placer Deposit: A mass of stream sediment that contains an economically significant concentration of mineral particles. This accumulation of mineral particles is a result of their being of high specific gravity or re MORE
Business / Finance / Primitive Security: An instrument such as a stock or bond for which payments depend only on the financial status of the issuer. MORE