- checks, letters of credit, etc., that circulate and are payable on demand.
Origin of deposit money
First recorded in 1815–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for deposit money
When sales are effected under an order of the Chancellor, no deposit-money is required.The Mysteries of London, v. 1/4
George W. M. Reynolds
And pray, since the concern is wound up, as you say, how much of our deposit-money will be returned?
The deposit-money paid over in both these affairs was attached by his sureties, and he was driven to great necessities for funds.The Chronicles of Newgate, v. 2/2