Debt vs Deposit - What's the difference?
debt | deposit |
An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
* 1589 , (William Shakespeare), Henry IV, Part I , act 1, sc. 3,
* 1850 , (Nathaniel Hawthorne), (The Scarlet Letter) , ch. 14,
The state or condition of owing something to another.
Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
* 1919 , (Upton Sinclair), Jimmie Higgins , ch. 15,
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
, title= (legal) An action at law to recover a certain specified sum of money alleged to be due.
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.
(finance) A sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase.
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.
To lay down; to place; to put.
* Jeremy Taylor
To lay up or away for safekeeping; to put up; to store.
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.
As nouns the difference between debt and deposit
is that debt is an action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another while 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.As a verb deposit is
to lay down; to place; to put.debt
English
(wikipedia debt)Alternative forms
* (l) (obsolete)Noun
(en noun)- Revenge the jeering and disdain'd contempt
- Of this proud king, who studies day and night
- To answer all the debt he owes to you
- Even with the bloody payment of your deaths.
- This long debt of confidence, due from me to him, whose bane and ruin I have been, shall at length be paid.
- Bolsheviki had repudiated the four-billion-dollar debt which the government of the Tsar had contracted with the bankers.
Engineers of a different kind, passage=Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.}}
- (Burrill)
Derived terms
* bad debt * debt exchange * debt-equity ratio * debt-laden * debt of honor * domestic debt * external debt * foreign debt * in debt * national debt * technical debtExternal links
* *deposit
English
Alternative forms
* depositeNoun
(en noun)- a mineral deposit
- a deposit of seaweed on the shore
- They put a deposit on the apartment.
Derived terms
* security deposit * container-deposit * bottle deposit * can depositSee also
* refundableVerb
(en verb)- A crocodile deposits her eggs in the sand.
- The waters deposited a rich alluvium.
- The fear is deposited in conscience.
- to deposit goods in a warehouse
- (Hammond)