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
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.
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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
Tenants can do several things to improve their chances of receiving back most or all of their security deposit, according to legal advocates at ILAS and Housing4Hoosiers.
—Jordan Smith, The Indianapolis Star, 19 Sep. 2024
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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
Tenants can do several things to improve their chances of receiving back most or all of their security deposit, according to legal advocates at ILAS and Housing4Hoosiers.
—Jordan Smith, The Indianapolis Star, 19 Sep. 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 20 Jan. 2025.
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