deposit etymology

Etymology

• Latin: depositum

Meaning

• Something placed or given to someone to be kept or used in trust
• A sum of money placed in a bank account or other financial institution

Origin

The word "deposit" comes from the Latin word "depositum," which means "something placed or given to someone to be kept or used in trust." The Latin word is derived from the verb "deponere," which means "to place down" or "to lay down."

In ancient Rome, a depositum was a legal contract in which one person (the depositor) entrusted goods or money to another person (the depositary) to be kept for safekeeping. The depositary was required to return the goods or money to the depositor upon request.

The concept of a deposit has been used in various contexts throughout history. In the financial world, a deposit is a sum of money placed in a bank account or other financial institution. The depositor earns interest on the deposit, and the financial institution agrees to return the deposit upon request.

Deposits are also used in other contexts, such as:

• Bail: A sum of money paid to a court as a guarantee that a person will appear for trial.
• Security deposit: A sum of money paid to a landlord or other service provider as a guarantee against damage or default.
• Down payment: A sum of money paid to a seller as a partial payment for the purchase of goods or services.

deposit relate terms

• position

  Etymology From Middle English posicion from Anglo Norman posicion from Old French pos

• site

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• home

  Etymology Old English hām meaning dwelling house home Proto Germanic heimaz m

• deposition

  Etymology Deposited from the Latin deponere meaning to put down Derived from de

• deposit

  Etymology Latin depositum Meaning Something placed or given to someone to be kept o

• repository

  Etymology The word repository comes from the Latin word repositorium which is a noun

• bank

  Etymology The word bank has its origins in the Italian word banco which means benc

• lodge

  Etymology The word lodge comes from the Old English word loge meaning a small hut

• depot

  Etymology The word depot originates from the Old French word depot which is derived

• blow fly

  Etymology of Blow Fly Origin Old English blawe meaning blue or livid Suffix

• hypothecate

  Etymology The word hypothecate comes from the Ancient Greek word hupothēkē which m

• deponent

  Etymology Latin deponens present participle of deponere to lay down lay aside Mean

• museum

  Etymology The word museum derives from the Greek term mouseion which originally refe

• wedge

  Etymology Wedge comes from the Middle English word wegge itself derived from the Old E

• fasten

  Etymology Middle English fastnen from Old English fæstnian to make firm or secure