security deposit

American  

[si-kyoor-i-tee-di-pahz-it] / sɪˈkyʊər ɪ ti dɪˌpɑz ɪt /

noun

1. a deposit or sum of money paid in advance to an owner when renting something, usually refundable and meant to cover the owner's costs in case of damages.

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Example Sentences

I wouldn’t heavily renovate a rental property and still expect to get my security deposit back, especially without first discussing my plans with the landlord or management company.

From MarketWatch • Apr. 30, 2026

Generally speaking, most leases state that anything outside of normal wear and tear is considered property damage and might result in a deduction from your security deposit.

From MarketWatch • Apr. 30, 2026

Moving expenses can depend on the size of the move, the time of year, the distance and the cost of your new rent, security deposit and other fees.

From Salon • Feb. 15, 2025

According to the attorney general, Arnel charged for unneeded cleaning and repairs and treated part of its tenant’s security deposit as nonrefundable no matter the condition of the apartment.

From Los Angeles Times • Apr. 1, 2024

It could be the security deposit and a few months’ rent on an apartment.

From "The Glass Castle" by Jeannette Walls

Related Words

• deposit