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Deposit vs Withdraw - What's the difference?

deposit | withdraw |

In transitive terms the difference between deposit and withdraw

is that deposit is to put money or funds into an account while withdraw is to extract (money from an account).

As a noun 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.

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

    * * *

    withdraw

    English

    Verb

  • To pull (something) back, aside, or away.
  • * Hooker
    • Impossible it is that God should withdraw his presence from anything.
  • To take back (a comment, etc).
    • to withdraw false charges
  • To remove, to stop providing (one's support, etc).
  • To extract (money from an account).
  • To retreat.
  • To be in withdrawal from an addictive drug etc.
  • * 1994 , (Edward St Aubyn), Bad News , Picador 2006, p. 201:
    • Simon had tried to rob a bank while he was withdrawing , but he had been forced to surrender to the police after they had fired several volleys at him.