De*pos"it (?), v. t. [imp. & p.
p. Deposited; p. pr. & vb. n.
Depositing.] [L. depositus, p. p. of deponere.
See Depone, and cf. Deposit, n.]
1. To lay down; to place; to put; to let fall or
throw down (as sediment); as, a crocodile deposits her eggs in
the sand; the waters deposited a rich alluvium.
The fear is deposited in
conscience.
Jer. Taylor.
2. To lay up or away for safe keeping; to put
up; to store; as, to deposit goods in a warehouse.
3. To lodge in some one's hands for safe
keeping; to commit to the custody of another; to intrust; esp., to
place in a bank, as a sum of money subject to order.
4. To lay aside; to rid one's self of.
[Obs.]
If what is written prove useful to you, to the
depositing that which I can not but deem an
error.
Hammond.
&fist; Both this verb and the noun following were formerly written
deposite.
De*pos"it, n. [L. depositum, fr.
depositus, p. p. of deponere: cf. F.
dépôt, OF. depost. See Deposit,
v. t., and cf. Depot.] 1.
That which is deposited, or laid or thrown down; as, a
deposit in a flue; especially, matter precipitated from a
solution (as the siliceous deposits of hot springs), or that which is
mechanically deposited (as the mud, gravel, etc., deposits of
a river).
The deposit already formed affording to the
succeeding portion of the charged fluid a basis.
Kirwan.
2. (Mining) A natural occurrence of a
useful mineral under the conditions to invite exploitation.
Raymond.
3. That which is placed anywhere, or in any
one's hands, for safe keeping; something intrusted to the care of
another; esp., money lodged with a bank or banker, subject to order;
anything given as pledge or security.
4. (Law) (a) A
bailment of money or goods to be kept gratuitously for the
bailor. (b) Money lodged with a party as
earnest or security for the performance of a duty assumed by the
person depositing.
5. A place of deposit; a depository.
[R.]
Bank of deposit. See under Bank.
-- In deposit, or On deposit,
in trust or safe keeping as a deposit; as, coins were received
on deposit.
