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Installment vs Deposit - What's the difference?

installment | deposit |

As nouns the difference between installment and deposit

is that installment is the act of installing; installation 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.

installment

English

Alternative forms

* instalment (Commonwealth)

Etymology 1

From install, itself from (etyl) installer, from installare, from (etyl) in- + ML stallum 'stall' (from Germanic stal, see below)

Noun

(en noun)
  • The act of installing; installation.
    • Take oaths from all kings and magistrates at their installment , to do impartial justice by law. Milton.
  • (obsolete) The seat in which one is placed.
    • The several chairs of order, look, you scour; . . . Each fair installment , coat, and several crest With loyal blazon, evermore be blest. Shakespeare.
    Synonyms
    * investiture, investment * installation

    Etymology 2

    A 1732 alteration of (estallment), from (etyl) : The sense of "part of a whole produced in advance of the rest" is from 1823.

    Noun

    (en noun)
  • A portion of a debt, or sum of money, which is divided into portions that are made payable at different times. Payment by installment is payment by parts at different times, the amounts and times (often equal namely regular, e.g. mensual) being often definitely stipulated.
  • a part of a broadcast or published serial.
  • anything that is performed in parts, spread in time
    • Usage notes
    For this sense in the UK, the OED permits only the spelling instalment . Commonwealth usage varies.
    Synonyms
    * (portion of a debt) * (part of a broadcast or published serial) episode, part

    References

    * * * [http://www.etymonline.com/index.php?search=installment+&searchmode=none]

    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

    * * *