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 There are credit cards that do not require a security deposit to open, these are known as unsecured credit cards. —

Jason Stauffer, CNBC, 8 Oct. 2024 Under a new California law, renters can no longer be asked for a security deposit lthat’s more than one month’s rent. —

Angela Rodriguez, Sacramento Bee, 24 June 2024 How Indiana renters can get back a security deposit Before moving in, take photos and videos of the entire unit. —

Jordan Smith, The Indianapolis Star, 19 Sep. 2024 That said, in order to further assuage any doubts as to its liquidity, Diamond has made a number of assurances to MLB in the form of liens and a $20 million security deposit. —

Anthony Crupi, Sportico.com, 3 Sep. 2024 See all Example Sentences for security deposit

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'security deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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“Security deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/security%20deposit. Accessed 4 Nov. 2024.

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