Source : Webster's Revised Unabridged Dictionary (1913)

Deposit \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.

   Note: Both this verb and the noun following were formerly
         written {deposite}.

Deposit \De*pos"it\, n. [L. depositum, fr. depositus, p. p. of
   deponere: cf. F. d['e]p[^o]t, 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.

Source : WordNet®

deposit
     n 1: the phenomenon of sediment or gravel accumulating [syn: {sedimentation},
           {alluviation}]
     2: matter deposited by some natural process [syn: {sediment}]
     3: the natural process of laying down a deposit of something
        [syn: {deposition}]
     4: money deposited in a bank [syn: {bank deposit}]
     5: a partial payment made at the time of purchase; the balance
        to be paid later [syn: {down payment}]
     6: money given as security for an article acquired for
        temporary use; "his deposit was refunded when he returned
        the car"
     7: a payment given as a guarantee that an obligation will be
        met
     8: a facility where things can be deposited for storage or
        safekeeping [syn: {depository}, {repository}]
     9: the act of putting something somewhere [syn: {deposition}]

deposit
     v 1: fix, force, or implant; "lodge a bullet in the table" [syn:
          {lodge}, {wedge}, {stick}] [ant: {dislodge}]
     2: put into a bank account; "She deposites her paycheck every
        month" [syn: {bank}] [ant: {withdraw}]
     3: put (something somewhere) firmly; "She posited her hand on
        his shoulder"; "deposit the suitcase on the bench"; "fix
        your eyes on this spot" [syn: {situate}, {fix}, {posit}]