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Deposit vs Currency - What's the difference?

deposit | currency |

As nouns the difference between deposit and currency

is that deposit is sediment or rock that is not native to its present location or is different from the surrounding material sometimes refers to ore or gems while currency is money or other items used to facilitate transactions.

As a verb deposit

is to lay down; to place; to put.

deposit

English

Alternative forms

* deposite

Noun

(en noun)
  • Sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.
  • That which is placed anywhere, or in anyone's hands, for safekeeping; something entrusted to the care of another.
  • (banking) Money placed in an account.
  • Anything left behind on a surface.
    • a mineral deposit
    a deposit of seaweed on the shore
  • (finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.
    • They put a deposit on the apartment.
  • A sum of money given as a security for a borrowed item, which will be given back when the item is returned, e.g. a bottle deposit or can deposit
  • A place of deposit; a depository.

    • Derived terms

    * security deposit * container-deposit * bottle deposit * can deposit

    Related terms

    * depositary * depository

    See also

    * refundable

    Verb

    (en verb)
  • To lay down; to place; to put.
    • A crocodile deposits her eggs in the sand.
    The waters deposited a rich alluvium.
  • * Jeremy Taylor
    • The fear is deposited in conscience.
  • To lay up or away for safekeeping; to put up; to store.
    • to deposit goods in a warehouse
  • To entrust one's assets to the care of another. Sometimes done as collateral.
  • To put money or funds into an account.
  • To lay aside; to rid oneself of.
    • (Hammond)

    Antonyms

    * withdrawal

    Anagrams

    * * *

    currency

    English

    (wikipedia currency)

    Noun

  • Money or other items used to facilitate transactions.
    • Wampum was used as a currency by Amerindians.
  • Paper money.
  • * 1943 , (William Saroyan), , chapter 3,
    • Spangler went through his pockets, coming out with a handful of small coins, one piece of currency and a hard-boiled egg.
  • The state of being current; general acceptance or recognition.
    • The jargon’s currency .
  • (obsolete) fluency; readiness of utterance
  • (obsolete) Current value; general estimation; the rate at which anything is generally valued.
    • He takes greatness of kingdoms according to their bulk and currency , and not after intrinsic value. — Francis Bacon.
    The bare name of Englishman too often gave a transient currency to the worthless and ungrateful. — W. Irving.

    Derived terms

    * (economics) fiat currency, closed currency, metacurrency

    See also

    *