Deposit

1. To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits her eggs in the sand; the waters deposited a rich alluvium.
2. To lay up or away for safe keeping; to put up; to store; as, to deposit goods in a warehouse.
3. To lodge in some one's hands for safe keeping; to commit to the custody of another; to intrust; esp., to place in a bank, as a sum of money subject to order.
4. To lay aside; to rid one's self of.

Both this verb and the noun following were formerly written deposite.
n.

1. That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated from a solution (as the siliceous deposits of hot springs), or that which is mechanically deposited (as the mud, gravel, etc., deposits of a river).
2. (Mining) A natural occurrence of a useful mineral under the conditions to invite exploitation.
3. That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security.
4. A place of deposit; a depository.
1. A bailment of money or goods to be kept gratuitously for the bailor.
2. Money lodged with a party as earnest or security for the performance of a duty assumed by the person depositing.
Bank of deposit .
See under Bank.
In deposit, or On deposit ,
in trust or safe keeping as a deposit; as, coins were received on deposit.