depositdepositdeposits1noun1money that you pay to show that you want something and that you will pay the rest later: We paid a deposit on the flat.2extra money that you pay when you rent something. You get it back if you do not damage or lose what you have rented: If you damage the car they will keep your deposit.3money that you pay into a bank: I'd like to make a deposit, please.depositdepositdepositsdepositeddepositing2verb (deposits, depositing, deposited)to put something somewhere to keep it safe: The money was deposited in the bank.