security deposit
noun
: an amount of money that a renter pays when beginning to rent property (such as an apartment) and that can be used to pay for any damage that the renter causes to the property
Examples of security deposit in a Sentence
Recent Examples on the Web
That’s why efforts to allow lower-income renters to pay a security deposit in installments rather than a single payment can make a difference for a renter looking to move to a new home.
—
Abdallah Fayyad, Vox, 1 Oct. 2024
The rental listing, which includes a onetime $118,000 security deposit, is held by Branden Williams and Rayni Williams of The Beverly Hills Estates and Stuart Vetterick of Westside Estate Agency.
—Wendy Bowman, Robb Report, 31 Dec. 2024
While that easily totals a jaw-dropping $50,000 tab for a week in Nantucket, a comparable rental with all those amenities would cost as much if not more because of the additional 11.7 percent rental tax and 10 percent security deposit.
—Hannah Seligson, Robb Report, 26 Nov. 2024
Off-campus apartments may also require a security deposit and first month’s rent upfront.
—Nerdwallet, Boston Herald, 29 Oct. 2024
See all Example Sentences for security deposit 
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Abdallah Fayyad, Vox, 1 Oct. 2024
The rental listing, which includes a onetime $118,000 security deposit, is held by Branden Williams and Rayni Williams of The Beverly Hills Estates and Stuart Vetterick of Westside Estate Agency.
—Wendy Bowman, Robb Report, 31 Dec. 2024
While that easily totals a jaw-dropping $50,000 tab for a week in Nantucket, a comparable rental with all those amenities would cost as much if not more because of the additional 11.7 percent rental tax and 10 percent security deposit.
—Hannah Seligson, Robb Report, 26 Nov. 2024
Off-campus apartments may also require a security deposit and first month’s rent upfront.
—Nerdwallet, Boston Herald, 29 Oct. 2024
See all Example Sentences for security deposit
Dictionary Entries Near security deposit
Cite this Entry
“Security deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/security%20deposit. Accessed 27 Jan. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share