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LSDefine

Simple English definitions for legal terms

deposit

Read a random definition: Uttering

A quick definition of deposit:

Term: DEPOSIT

Definition: A deposit is when you give your money or other things of value to someone else who promises to keep it safe and give it back to you when you need it. This is often done by putting your money in a bank so that it is safe and easy to access when you need it.

A more thorough explanation:

Definition: The act of giving money or other property to another who promises to preserve it or to use it and return it in kind; especially, the act of placing money in a bank for safety and convenience.

Examples:

  • When you rent an apartment, you usually have to pay a security deposit. This is money that the landlord keeps in case you damage the apartment or don't pay your rent.
  • When you open a bank account, you usually have to make a deposit. This means you give the bank some money to hold for you. You can take it out later when you need it.
  • If you want to buy a house, you usually have to make a deposit to show the seller that you are serious about buying the house. This is called an earnest money deposit.

The examples illustrate the definition of deposit by showing different situations where someone gives money or property to another person or organization for safekeeping or as a sign of commitment. In each example, the person making the deposit expects to get their money or property back at some point in the future.

deportatio | depositary

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if when i called gtown they told me "you will 100% get a decision at the end of this week." and i DO not get a decision today. how badly am i legally allowed to crash out. like i have a feeling i ain't getting anything today 😭
1a2b3c4d26z
17:09
Crash out really hard
shaquilleoatmeal
17:09
https://imgur.com/a/rRr0oeT
1a2b3c4d26z
17:09
evol style
1a2b3c4d26z
17:09
Jk dont do that
shaquilleoatmeal
17:09
Use that bowl size to guess, I’ll give you a hit, protein fuckin packed
1a2b3c4d26z
17:09
which garmin do you have?
1a2b3c4d26z
17:10
If that pic is of you
Kendrick album so good, I wasn't even focused on admissions today
oh i was just lisenting to him on the car ride hnome
awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
i dont really like chromakopia that much i also havent gotten thru it
JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
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