Deposit vs. Prepayment — What's the Difference?

A sum of money paid into a bank or building society account

To pay or pay for beforehand.

A sum payable as a first instalment on the purchase of something or as a pledge for a contract, the balance being payable later

A payment in advance.

A layer or mass of accumulated matter

(accounting) An asset recognized in respect an expense incurred in a period for which the benefit will be received in a future period.

The action of placing something in a specified place

Payment in advance.

Put or set down (something or someone) in a specific place

Payment in advance

Place (something) somewhere for safekeeping

To put or set down; place.

To lay down or leave behind by a natural process

To give over or entrust for safekeeping.

To put (money) in a bank or financial account.

To give as partial payment or security.

To become deposited; settle.

Something, such as money, that is entrusted for safekeeping, as in a bank.

The condition of being deposited

A partial or initial payment of a cost or debt

A sum of money given as security for an item acquired for temporary use.

A depository.

(Geology) A concentration of mineral matter or sediment in a layer, vein, or pocket

(Physiology) An accumulation of organic or inorganic material, such as a lipid or mineral, in a body tissue, structure, or fluid.

A sediment or precipitate that has settled out of a solution.

A coating or crust left on a surface, as by evaporation or electrolysis.

(geology) Sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.

That which is placed anywhere, or in anyone's hands, for safekeeping; something entrusted to the care of another.

(banking) Money placed in an account.

Anything left behind on a surface.

(finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.

A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e.g. a bottle deposit or can deposit

A place of deposit; a depository.

(transitive) To lay down; to place; to put.

To lay up or away for safekeeping; to put up; to store.

To entrust one's assets to the care of another. Sometimes done as collateral.

(transitive) To put money or funds into an account.

To lay aside; to rid oneself of.

To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits her eggs in the sand; the waters deposited a rich alluvium.

To lay up or away for safe keeping; to put up; to store; as, to deposit goods in a warehouse.

To lodge in some one's hands for safe keeping; to commit to the custody of another; to intrust; esp., to place in a bank, as a sum of money subject to order.

To lay aside; to rid one's self of.

That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated from a solution (as the siliceous deposits of hot springs), or that which is mechanically deposited (as the mud, gravel, etc., deposits of a river).

A natural occurrence of a useful mineral under the conditions to invite exploitation.

That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security.

A bailment of money or goods to be kept gratuitously for the bailor.

A place of deposit; a depository.

The phenomenon of sediment or gravel accumulating

Matter deposited by some natural process

The natural process of laying down a deposit of something

Money deposited in a bank

A partial payment made at the time of purchase; the balance to be paid later

Money given as security for an article acquired for temporary use;

A payment given as a guarantee that an obligation will be met

A facility where things can be deposited for storage or safekeeping

The act of putting something somewhere

Fix, force, or implant;

Put into a bank account;

Put (something somewhere) firmly;