security deposit meaning

Definition of security deposit

1. the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities

   Synonyms: margin

   Type of: down payment

security deposit in a sentence

• Our landlord didn't want to return our security deposit.
• I want to get my security deposit back.
• Do you require a security deposit?

How to pronounce security deposit

security deposit is pronounced /sɪˈkjʊərɪti dɪˈpɒzɪt/ in British English and /sɪˈkjʊrəti dəˈpɑzɪt/ in American English. It has 7 syllables.