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
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For three years, starting in 2024, the company must maintain and provide records of property inspections, security deposit withholding and other documentation upon tenant request. Jessica Alvarado Gamez, Denver Post, 30 May 2025 There is no sense of security in the security deposit bill. Lauren Tagliatela, Hartford Courant, 21 May 2025 Johnson, who spent 18 months crafting the details of the tenant protections package, said her section of the city’s East Side is plagued by evictions with limited notice, high security deposit requirements and other housing inequalities that often fall heaviest on the most financially vulnerable. Frederick Melo, Twin Cities, 8 May 2025 The card requires a $300 minimum security deposit that acts as your line of credit. Ryley Amond, CNBC, 12 Feb. 2025 See All Example Sentences for security deposit

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“Security deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/security%20deposit. Accessed 17 Jun. 2025.

Legal Definition

security deposit

noun
: money provided by a tenant to a landlord to secure performance of a rental agreement or compensate for possible loss or damage
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