Learn more about this word
Security deposit
A sum paid at the start of a tenancy and returned when you leave, minus the cost of any damage. This is a different sense from a bank deposit, which is money you put into an account. Also called a security deposit.
Examples in context
The security deposit was six hundred pounds.
The security deposit was six hundred pounds.
I hope we get the security deposit back.
I hope we get the security deposit back.
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