Lodgement vs Deposit - What's the difference?
lodgement | deposit |
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 lodgement and deposit
is that lodgement is (british) 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.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)