DEPOSIT

/    AmE   /

DEPOSIT - [noun] the sum of money that you pay into the bank or pay as the first part of the total amount of money that you have to pay for something (advance payment)

If you want to open this account, you need to pay at least $300 deposit into it.

I paid $10 as a deposit so that the shop assistant could keep the jacket for me until the next day.

Remember that if you don't use that word in English conversations or writing you'll forget it in a short time. So the best thing you can do to learn this word is just trying to use it in speaking or writing. Remember also that practise is the key to fluent english speaking.

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