* * *
deposit money UK US noun [U]
► COMMERCE, PROPERTY part of the cost of something such as a product or property that is paid to the seller, so it will not be sold to anyone else: »
Apart from lending deposit money, parents can also act as mortgage guarantors.
► PROPERTY money that someone renting a property pays to the owner of the property, which they get back when they leave if they have not caused any damage: »
The landlord only gave us half of our deposit money back.
Financial and business terms. 2012.