security deposit

EnglishEdit

NounEdit

security deposit (plural security deposits)

  1. 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.

SynonymsEdit

  • (money paid in advance): bail

TranslationsEdit

Last modified on 9 October 2013, at 06:14