deposit
Money paid to ensure performance under a written or oral contract.Many states require that lease and other such deposits be maintained in escrow accounts and earn interest which must be paid to the party when the deposit is refunded.All real estate brokers must place earnest money deposits in escrow accounts. One must carefully examine the particular contract language relative to deposits in order to determine the circumstances under which they may be withheld from the depositor.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
examples:Hagia Sophia
a 6th century masterpiece of Byzantine architecture in Istanbul; built as a Christian church, converted to a mosque in 1453, and made into a museum in the middle of the 20th century
Louvre Museum
an art museum that is a famous tourist attraction in Paris
A deposit is a financial term that means money held at a bank. A deposit is a transaction involving a transfer of money to another party for safekeeping. However, a deposit can refer to a portion. DepositAccounts was created in 2005 by Ken Tumin as the Bank Deals Blog. Almost ten years and 10,000+ articles later, the site has grown to become the largest consumer destination in the United States, maintaining a dedicated focus on depository banking products. DepositAccounts was created in 2005 by Ken Tumin as the Bank Deals Blog. Almost ten years and 10,000+ articles later, the site has grown to become the largest consumer destination in the United States, maintaining a dedicated focus on depository banking products. Deposit 1 the actofplacing money with a bank. Thus, a deposit account is a bank account that pays interest but that imposes the requirement of notice (or a penalty in terms of interest) before withdrawal can be effected; a deposit receipt is an acknowledgement by the bank that sums have been deposited and are being held for the account of the depositor.
types:show 21 types...hide 21 types...archive
a depository containing historical records and documents
bank, bank building
a building in which the business of banking transacted
drop
a central depository where things can be left or picked up
depository library, library
a depository built to contain books and other materials for reading and study
lost-and-found
repository in a public building where lost articles can be kept until their owners reclaim them
museum
a depository for collecting and displaying objects having scientific or historical or artistic value
repertorysperm bank
Deposited
a depository for storing sperm
depot, entrepot, storage, store, storehousetreasury
a depository (a room or building) where wealth and precious objects can be kept safely
athenaeum, atheneumchancery
an office of archives for public or ecclesiastic records; a court of public records
dumpgarner, granary
a storehouse for threshed grain or animal feed
circulating library, lending library
library that provides books for use outside the building
magazine, powder magazine, powder store
a storehouse (as a compartment on a warship) where weapons and ammunition are stored
Depositaccounts Blogs
maildrop
railhead
a railroad depot in a theater of operations where military supplies are unloaded for distribution
science museum
Deposit Slip
a museum that collects and displays objects having scientific interest
treasure housestorage warehouse, warehouse
a storehouse for goods and merchandise
type of:No Deposit Bonus
facility, installation
Stimulus Checks Deposit Date
a building or place that provides a particular service or is used for a particular industry