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DEPOSIT (Lat. depositurn, from depone...

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Originally appearing in Volume V08, Page 60 of the 1911 Encyclopedia Britannica.

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DEPOSIT (Lat. depositurn, from deponere, to lay down, to put in the care of)

DEPOSIT (See also:
LAT
Lat. depositurn, from deponere, to See also:
LAY
lay down, to put in the care of) , anything laid down or separated; as in See also:

GEOLOGY (from Gr. yp7, the earth, and Abyor, science)

geology, any See also:

mass of material accumulated by a natural agency (see See also:

BED), and in See also:

chemistry, a precipitate or See also:

MATTER

matter settling from a See also:

SOLUTION (from Lat. solvere, to loosen, dissolve)

solution or suspension. In banking, a deposit may mean, generally, a sum of See also:

MONEY

money lodged in a See also:

BANK

bank without regard to the conditions under which it is held, but more specially money lodged with a bank on " deposit See also:

account " and acknowledged by the banker by a " deposit See also:

RECEIPT (M.E. receite, derived through Fr. from Lat. recepta, participle of recipere, to receive)

receipt " given to the depositor. It is then not See also:

DRAWN

drawn upon by See also:

CHEQUE, or CHECK

cheque, usually bears See also:

INTEREST

interest at a See also:

RATE

rate varying from See also:

time to time, and can only be withdrawn after fixed See also:

NOTICE

notice. Deposit is also used in the sense of See also:

EARNEST (probably a corruption of the obsolete arles or erles, adapted from Lat. equivalent arrha, due to a confusion with the adjective " earnest," serious, O. Eng. eornust, cognate with Ger. ernst)

earnest or See also:

SECURITY (Lat. securus, free from care, safe)

security for the performance of a See also:

contract. In the See also:

law of See also:

MORTGAGE

mortgage the deposit of See also:

TITLE (0. Fr. title, mod. titre, from Lat. titulus)

title-deeds is usual as a security for the repayment of money advanced. Such a deposit operates as an equitable mortgage. In the law of contract, deposit or See also:

SIMPLE

simple See also:

BAILMENT (from Fr. bailler, to place in charge of, cf. BAIL)

bailment is delivery or bailment of goods in See also:

TRUST

trust to be kept without recompense, and redelivered on demand (see BAILMENT).

End of Article: DEPOSIT (Lat. depositurn, from deponere, to lay down, to put in the care of)

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