It's a confirmation they are serious about being a candidate. If there was no 'entry fee' - anyone could enter the contest - and make a mockery of the election process.
Candidates may need to put in a deposit as a way to demonstrate their seriousness and commitment to the hiring process. It also serves as a safeguard for the employer in case the candidate backs out or fails to fulfill their obligations. The deposit can be seen as an assurance for both parties involved.
To know about deposit you need to leave for a car, fill in the search form with the dates you need and place you need on here rental24h.com. After choosing the needed car, click on "terms and conditions" and here you will find a sum of deposit.
to deposit money in the bank you need more than what you want do deposit because the bank charges 10% of what you deposit. for example you want to deposit 1000000 dollars, you must posses 1100000 dollars to have the 1000000 dollars put in the bank.
To deposit something is to put something in - so a deposit is adding.
deposit: to put inwithdrawal: to take out
There is a deposit. I did this experiment and there was a deposit. Use a microscope or a magnifying glass.
"You will, in fact, need to provide some type of deposit down on a home you intend to purchase and the monies usually need to be in an easily accessible account, such as a checking or savings account, a 401k account or a bond."
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deposit
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No, but you may lose some or all of the deposit.
The only disadvantage I can think of, is the fact that the money put into a recurring deposit is not much liquid. You need to terminate the deposit in order to get that cash. This way you may lose some interest rate or have some penalty charges charged by the bank.