Definition of Security deposit

1. Noun. The amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities.

Exact synonyms: Margin
Generic synonyms: Deposit, Down Payment

Definition of Security deposit

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

¹ Source:

Security Deposit Pictures

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Lexicographical Neighbors of Security Deposit

security blanket
security blankets
security by design
security camera
security communities
security community
security consultant
security department
security deposit (current term)
security deposits
security director
security force
security forces
security guard
security guards
security hole
security holes
security intelligence
security interest
security interests
security market line
security market lines
security measures

Literary usage of Security deposit

Below you will find example usage of this term as found in modern and/or classical literature:

1. Preventing Gang & Drug Related Witness Intimidation by Peter Finn (1996)
"... 14,1 la(l)L If the payment of a new security deposit in full prior to occupancy in the new apartment would create an undue hardship or delay the move, ..."

2. Proceedings by Board of Trustees, Chicago Sanitary District (1898)
"Among those submitted were propositions from the present lessors of the District and from the security deposit Company of Chicago. ..."

3. Reports of Cases Decided in the Supreme Court of the State of Oregon by Oregon Supreme Court (1918)
"In an action by the trustees in bankruptcy of a corporate lessee to recover a security deposit from the landlord, the complaint, alleging that a person ..."

4. The Financial History of New York State from 1789 to 1912 by Don Conger Sowers (1914)
"SECURITY-DEPOSIT SYSTEM The adoption of the security-deposit system of banking under a general banking law was not due to a failure of the safety-fund ..."

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