Deposit Basics


Deposit is a term originating from the Latin deposĭtum that allows us to name the action and effect of depositing (delivering, entrusting, enclosing or protecting goods or valuables). The deposit consists, in general, of placing said goods in the custody of a person or an organization that must answer for them when they are requested.

As a banking operation, a deposit consists of delivering money to the bank in exchange for interest. The client can withdraw or use his money according to the conditions stipulated with the institution. If it is a fixed-term deposit, you must wait for the end of the period before withdrawing the money, for example. The person can also deposit valuables in a safe deposit box, paying a certain amount for said service.

A repository is, on the other hand, any place where something is stored or kept. A supermarket has products on display available to customers and others stored in a warehouse to replenish those products that are out of stock. A family may also have a warehouse to store things that are not frequently used.

The reservoirs can be tanks for water or other fluids. Depending on the content, the deposits have different characteristics that allow them to tolerate different consistencies, temperatures, etc.

It is important to establish that one of the deposits that we use most frequently is the one that cars and other motor vehicles have. Specifically, we use this term to refer to the receptacle that those possess with the clear objective of housing the necessary fuel for its operation.

Thus, for example, it is common for a customer to arrive at any gas station and address the employee saying “fill up my car’s tank”.

In the same way, we must not forget that the word we are dealing with is also used in the field of geography. Thus, it usually speaks of what is known as a deposit to refer to that material that is decided to add to a specific geographical accident. This action is sometimes carried out by nature itself, when the wind transports sand from one place to another, and in others it is by the hands of man.

Another type of deposit that is important in the health field is the mortuary. As its name suggests, it is the place where the different bodies of deceased people are kept in cold storage until their relatives can recognize them and take them away for burial.

Likewise, it must be stressed that this space is also essential for the work of forensic experts who keep the bodies of their patients there until they can thoroughly examine them to determine the cause or causes that have led to their deaths.

Deposit, finally, can be the symbolic parcel that one person gives to another or others: “María Marta made a deposit of trust in this man and he defrauded her without caring about anything”.