deposit (depozit)

[Formerly deposite; trans. 1. To lay down; place; put: as, a crocodile deposits her eggs in the sand; soil de posited by a river. On both sides of these apartments [catacombs] are three stories of holes, big enough to deposite the bodies in. Pococke , Description of the East, I. 9. 2. To lay away; lay in a place for preservation or safe-keeping; store: as, to deposit goods in a warehouse. Here might be the temple of Diana, a place of security, where Hannibal deposited his vases of lead, as if they were full of money, and left carele ly in his house some bra statues, which he filled with his gold. Pococke , Description of the East, II. i. 253. Stow tells us that, in his memory, great part of Leaden Hall was appropriated to the purpose of painting and de Strutt , Sports and Pastimes, p. 26. positing the pageants for the use of the city. 3. To place for care or custody; lodge in trust; place: as, to deposit money in a bank; to de posit bonds or goods with a creditor as security. The people with whom God thought fit to deposit these things for the benefit of the world. Clarke, Works, II. clxiii. 41. To lay or set aside; get rid of. If what is written prove use full to you, to the depositing that which I cannot but deem an errour. Hammond, Works, I. 704. It has been often alleged, that the pa ions can never be wholly deposited . Goldsmith, Taste. by chemical agencies. Irregularity of form is rather a characteristic of a deposit; if the material be evenly and uniformly distributed, it would more generally be termed a bed or layer. The products of volcanic agencies are rarely designated by the term deposit. The most characteristic distinction between the lac us. trine and marine deltas consists in the nature of the organic remains which become imbedded in their deposits. Lyell. (b) In mining, the most general term for an accumulation, or "occurrence," of ore, of whatever form or nature it may be; but the word ore is generally added. (See ore - deposit.) By some authors the term deposit is used as meaning a mode of occurrence of ore supposed to be le permanent in its character than a true vein. Thus, flat ma es or sheets would often be called deposits, especially if not exhibit ing any of the special characters of true or fi ure veins. (See vein.) (c) The metallic coating precipitated by galvanic action from a chemical solution upon a ground or base, as the film of gold or silver on plated articles, or of copper on copper-faced type, or the copper shell of an electrotype plate. 2. Anything intrusted to the care of another; something given into custody for safe-keeping; specifically, money lodged in a bank for safety or convenience. It seems your church is not so faithful a guardian of her deposit as her dear friends. would make us believe. Hammond, Works, II. i. 677. I do not at all doubt that the arrangement is in a certain degree at haphazard, but it seems to me that there must have been a meaning in the prominence given to Deposits in the Roman and Hindu law, and in the prom i and of the Salian Franks. a igned to Thefts in the law both of the Romans Maine, Early Law and Custom, p. 383. 3. A place where things are deposited; a depository. [Rare.] -4. The state or fact of being deposited or stored in the care of another; storage: as, to have money on deposit in a bank; safe deposit.-5. A pledge; a pawn; something given as security. Specifically-6. In law: (a) A sum of money which one puts into the hands of another to secure the fulfilment of some agreement, or as a part payment in advance. ( b ) (b) A naked bailment of personal prop erty, to be kept for the bailor without recom pense, and to be returned when he shall require it. (c) In Scots law, same as depositation.-71. Deposition. I desire that this may not be looked upon as a full and finished character, but my solemn deposit of the truth, to the best of my knowledge. Chesterfield, Miscellanies. Certificate of deposit. See certificate . - Contact deposit. See contact. - Coralline deposits, in geol ., a term applied to those recent or alluvial strata which consist of the marine banks, shoals, and islands entirely composed of coral, and thence extended to the lower Pliocene deposits of Suffolk, England, the white or coralline crag. - Melanic deposit. See melanic . - Special deposit, a deposit in a bank which the bank is not entitled to use, but must keep specifically to be returned.