Definition for DE-POS'IT

DE-POS'IT, n.

  1. That which is laid or thrown down; any matter laid or thrown down, or lodged. The deposit already formed affording to the succeeding portions of the charged fluid, a basis. – Kirwan.
  2. Any thing intrusted to the care of another; a pledge; a pawn; a thing given as security, or for preservation; as, these papers are committed to you as a sacred deposit; he has a deposit of money in his hands.
  3. A place where things are deposited; a depository.
  4. A city or town where goods are lodged for safe-keeping or for reshipment. [Fr. depôt.] In deposit, in a state of pledge, or for safe-keeping.

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