Answer:
A deposit is typically a sum of money placed in a bank account or other financial institution for safekeeping. It can also refer to:
A down payment: An initial payment made when purchasing something, with the remaining balance paid later.
A security deposit: A sum of money given as a guarantee to fulfill an obligation, like renting an apartment.
A natural accumulation: A layer of sediment or minerals that has built up over time, such as a mineral deposit.
Explanation:
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