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
Your secured credit card requires a refundable security deposit, and your credit line will equal your deposit amount, starting at $200.
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Ryley Amond, CNBC, 22 Jan. 2025
Regulators only require oil and gas companies to set aside tiny bonds that act like a security deposit on an apartment.
—Mark Olalde, ProPublica, 30 Dec. 2024
Question: My husband and I rented a Glendale apartment for one year at $1,750 per month, with a $1,000 security deposit.
—Christopher A. Combs, The Arizona Republic, 12 Nov. 2024
The need to pay the first month’s rent along with a security deposit can be unnecessarily prohibitive.
—Abdallah Fayyad, Vox, 1 Oct. 2024
See all Example Sentences for security deposit 
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Ryley Amond, CNBC, 22 Jan. 2025
Regulators only require oil and gas companies to set aside tiny bonds that act like a security deposit on an apartment.
—Mark Olalde, ProPublica, 30 Dec. 2024
Question: My husband and I rented a Glendale apartment for one year at $1,750 per month, with a $1,000 security deposit.
—Christopher A. Combs, The Arizona Republic, 12 Nov. 2024
The need to pay the first month’s rent along with a security deposit can be unnecessarily prohibitive.
—Abdallah Fayyad, Vox, 1 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 8 Feb. 2025.
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