security deposit

noun

Definitions

  1. An amount of money paid in advance as security against the payor's non-performance of a…

    An amount of money paid in advance as security against the payor's non-performance of a contractual obligation.

    • The landlord demanded one month's security deposit for rent, another for damage to the apartment, and one month's rent in advance.

The neighborhood

Vish — recursive loop

No curated loop yet for security deposit. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA