deposit money

American  

noun

Banking.

1. checks, letters of credit, etc., that circulate and are payable on demand.

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Etymology

Origin of deposit money

First recorded in 1815–25

Example Sentences

Most recently, the Commanders settled a lawsuit with the District of Columbia for $625,000 over withholding fans’ season-ticket deposit money.

From Washington Times

Attorney General Brian Schwalb announced a settlement with the Commanders over the suit filed about season-ticket holder deposit money, which included returning $200,000 to fans and paying $425,000 to the district.

From Washington Times

But the BBC's deposit money was already in the system.

From BBC

U.S. banks are trying to woo depositors by offering signing bonuses to open new accounts or deposit money on a regular basis.

From Reuters

“Even when you have the deposit money and you have some rental subsidy, it’s still very, very challenging to find units — and to find units where the landlords will lease to our clients,” Bennett said.

From Seattle Times