To deposit
Example: They deposit funds into accounts
Definition
"To deposit" means to place or put something, typically money or valuables, into a specific location such as a bank account or safe for storage or safekeeping. It often involves transferring funds or items for future use or protection.
Etymology
The verb "to deposit" comes from the Latin word 'depositum,' meaning 'a thing laid aside,' derived from 'deponere,' which means 'to put down' or 'to lay away.' Did you know? The word originally had a broad sense of laying something down carefully, which evolved to include financial contexts.
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"To deposit" appears in the Vocaplus list "English - General - (B2) - set 5", containing 112 commonly used words.
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