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security deposit

From Wiktionary, the free dictionary

English

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Noun

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security deposit (plural security deposits)

  1. An amount of money paid in advance as security against the payor's non-performance of a contractual obligation.
    The landlord demanded one month's security deposit for rent, another for damage to the apartment, and one month's rent in advance.

Synonyms

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  • (money paid in advance): bail

Translations

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