Meaning of security deposit | Babel Free
Definitions
An amount of money paid in advance as security against the payor's non-performance of a contractual obligation.
Equivalents
Examples
“The landlord demanded one month's security deposit for rent, another for damage to the apartment, and one month's rent in advance.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.