Security deposit

Security deposit,

Definition of Security deposit:

  1. Bond or cash given into the custody of another as a guaranty of performance, or to secure occupancy or possession.

  2. Security deposits serve as an intangible measure of security, or as a means of tangible security in the event of damages or lost property.

  3. A security deposit is money that is given to a landlord, lender, or seller of a home or apartment as proof of intent to move-in and care for the domicile. Security deposits can be either be refundable or nonrefundable, depending on the terms of the transaction. A security deposit is intended as a measure of security for the recipient, and can also be used to pay for damages or lost property. .

How to use Security deposit in a sentence?

  1. Security deposits typically must be paid prior to moving in and state laws dictate how security deposits are applied once needed. .
  2. A security deposit serves as a means to fix or replace something in a rental unit that was damaged, lost, or stolen by the renter.
  3. Security deposits are typically refunded upon departure if the property was left in ‘reasonably’ good shape—to the point of normal depreciation).

Meaning of Security deposit & Security deposit Definition

Security Deposit,

How Do You Define Security Deposit?

  1. Definition of Security Deposit: The amount paid by the buyer, which is usually non-refundable to protect the seller if the buyer is unable to complete the transaction or the damaged item is damaged.

Literal Meanings of Security Deposit

Security:

Meanings of Security:
  1. The condition in which a person is safe from danger or danger.

  2. Assets pledged or pledged as collateral for fulfillment of obligations or repayment of loans will be confiscated in the default condition.

  3. Certificates proving ownership of credit, stocks or bonds, or tradable derivatives.

  4. Private police guarding buildings, campuses, parks, etc.

Sentences of Security
  1. This system is designed to provide maximum protection against toxic spills.

  2. Until this feature is completed, the price for money is used as a suicide attack.

  3. The new rules also make it more attractive to give mutual funds, stocks, bonds and other securities.

  4. Police, private security and volunteers are in large numbers to investigate the incidents.

Synonyms of Security

surety, screen, cover, provision, indemnity, guarantee, safety measure, bonds, defence, security, protection, guard, preventive, shares, securities, equities, holdings, investments, insurance, collateral, shelter, bond, prophylactic, buffer, pledge, precaution

Deposit:

Meanings of Deposit:
  1. Usually informally drop or drop (something or someone) at a particular place.

  2. Save it or give it to someone who will keep it.

  3. Usually the amount of money deposited or kept in a bank account for interest.

  4. The first installment to be paid on the purchase of an item or as a guarantee of a contract, the remaining amount should be paid later.

  5. Layers or bodies of accumulated matter.

  6. Put something in a special place.

Sentences of Deposit
  1. Place a stack of books on the kitchen table

  2. A safe place where guests can keep valuables

  3. Money that is a bank deposit or mortgage alternative.

  4. We save a lot to pay for the house

  5. Chromium salt deposits

  6. Submitting an article in a library does not guarantee copyright protection.

Synonyms of Deposit

rest, security, unload, accumulation, put, retainer, instalment, sit, set down, part payment, prepayment, lay down, put down, advance payment, sublimate, set, settle, stake, place, down payment, lay, pledge, sediment