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A deposit is a way of holding an item till the full amount can be paid. Normally a company will let you leave a deposit on an item for a certain amount of time till you can come up with the remainder. In most situations a deposit is not refundable unless agreed upon at the time of the deposit. So in short make sure you understand what a deposit is, and the terms of the deposit or you my just throw money away.

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17y ago

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In Missouri If you put a deposit on a car can you change your mind and get your money back?

Normally if you are putting a deposit down on a holiday, house, CAR, etc. and you pull out of the sale you will loose the deposit. Hope this helps


What is Money put into an bank account called?

to deposit moneyA Deposit is the act of putting money into an account.


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it means not putting others down and not being mean to other people


What is a half down non refundable deposit?

A half-down non-refundable deposit would be a 50% deposit on what you're making the deposit on (a $700 per month rent apartment might require a half-down deposit, i.e. $350), this deposit will not be returned at the end of the term / deal / transaction.


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The opposite of "deposit" is "withdraw." Deposit involves putting money into an account or storage, whereas withdraw involves taking money out of an account or storage.


Does a deposit obligate you to purchase the product?

You need to read the terms of service before signing any contract or putting down a deposit. Probably depends on what you are purchasing. For high dollar purchase, a purchase might be a custom order, and if the order was canceled, it might be subject to restocking fees.


What is a lay buy?

Laybuy is where you buy an item by putting down a deposit then putting down instalments until you've paid the full price. Once you have paid the full price you can take the item home. It's a great way when buying presents to keep the item stored at the shop and not your house. Especially if you don't want someone else to find it.


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can we sue landlord for not putting security deposit in bank account in nj


What does understatement of revenue mean?

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If you stick your tongue out, you poke it out of your mouth.


Put a deposit on a bedroom set out of the newspaper changed your mind Can you get your money back?

Legally, they are allowed to keep your deposit although if they are nice enough they will hand it back. That is one of the reasons why a deposit is made, usually they will not give back a deposit as the buyer is putting the seller out of pocket. thanks.


When you deposit money to 1 account is it a debit or a credit?

it is a credit. Depositing money into an account is putting money in.