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 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.
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Anthony Crupi, Sportico.com, 3 Sep. 2024
Most renters don’t paint the walls of their apartment for fear that a landlord would say that goes against their lease agreement and withhold the security deposit.
—Christianna Silva, Better Homes & Gardens, 1 Aug. 2024
Even in markets where rents and house payments are comparable, buying a house requires upfront costs that far exceed a security deposit.
—Nerdwallet, Hartford Courant, 27 Jan. 2024
The mark would be offered a share of the proceeds, and asked to put up good faith money as a security deposit for taking possession of the ring.
—Kelly Phillips Erb, Forbes, 17 Aug. 2024
See all Example Sentences for security deposit 
Anthony Crupi, Sportico.com, 3 Sep. 2024
Most renters don’t paint the walls of their apartment for fear that a landlord would say that goes against their lease agreement and withhold the security deposit.
—Christianna Silva, Better Homes & Gardens, 1 Aug. 2024
Even in markets where rents and house payments are comparable, buying a house requires upfront costs that far exceed a security deposit.
—Nerdwallet, Hartford Courant, 27 Jan. 2024
The mark would be offered a share of the proceeds, and asked to put up good faith money as a security deposit for taking possession of the ring.
—Kelly Phillips Erb, Forbes, 17 Aug. 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 11 Sep. 2024.
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