deposit amount

USAGE SUMMARY

'deposit amount' is correct and can be used in written English.
You could use it when referring to the amount of money someone has given as a deposit for something, for example: "The deposit amount for the car is £3000."

✓ Grammatically correct

News & Media

Academia

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

33 human-written examples

DO NOT adjust the bank account deposit amount when processing an accounting line correction.

Cornell University

Ensure the sum of the amounts equals the total deposit amount.

Yale University

"We have also seen the average deposit amount increase from approximately £600 in 2007 to nearly £900 in 2013.

The Guardian - Money

Another requirement is that clubs agree to demonstrate annually that they have the resources to meet at least 66.66 percent of the total deposit amount due to members.

The New York Times - Travel

The IRS announced last fall that it would no longer pursue cases like McLellan's, where there was no indication of any wrongdoing other than the bank deposit amount.

The Washington Post

The results from Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) indicated that PVP treatment enhanced the apatite nucleation ability of BC with higher HAp deposit amount.

Progress in Natural Science: Materials International

Human-verified similar examples from authoritative sources

Similar Expressions

27 human-written examples

§ 983.259 Security deposit: amounts owed by tenant.

Cornell University

One other point: Those asset forfeiture deposit amounts are not necessarily the best indicator of a rise in the use of forfeiture.

The Washington Post

The proposals would require countries judged to have breached fiscal rules to immediately make a deposit amounting to 0.2 percent of gross domestic product into a noninterest-bearing account.

The New York Times

The prosecutor in Nice, Éric de Montgolfier, discovered that the files on Falciani's hard drive were encrypted — an unintelligible compost of names, nationalities, account numbers, and deposit amounts.

The New Yorker

Consider your deposit amounts and lease terms as well.

Forbes

Expert writing Tips

Best practice

When discussing financial agreements, clearly state the "deposit amount" to avoid ambiguity. Always specify the currency.

Common error

Avoid using "deposit amount" interchangeably with the overall price of a product or service. "Deposit amount" refers specifically to the initial payment, not the full cost.

Linguistic Context

The phrase "deposit amount" functions primarily as a noun phrase, identifying a specific quantity of money paid upfront. Ludwig AI confirms its correct usage and grammatical validity, supporting its role in financial and transactional contexts. It's frequently used to specify the monetary value of a deposit.

Expression frequency: Common

Frequent in

News & Media

32%

Academia

16%

Wiki

16%

Less common in

Science

16%

Formal & Business

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "deposit amount" is a commonly used and grammatically sound term, as confirmed by Ludwig AI, referring to the specific sum of money required for a deposit. It finds frequent use in news and media, academic, scientific, and wiki contexts. While generally neutral in register, it's most common in professional and formal settings. When using the phrase, ensure you're clearly specifying the sum related to the deposit and avoid using it interchangeably with the total cost. Alternatives like "security deposit sum" or "initial deposit size" may be suitable depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

security deposit sum

Focuses on the total sum given as a security deposit.

initial deposit size

Emphasizes the magnitude of the first deposit made.

required deposit

Highlights the mandatory nature of the deposit.

advance payment sum

Indicates a total amount paid in advance.

deposit money

A more general term for money put down as a deposit.

down payment value

Refers to the worth of the initial payment.

total deposit payable

Specifies the total amount that needs to be paid as a deposit.

refundable deposit amount

Indicates that a deposit is able to be returned.

security fee total

Emphasizes the complete cost of the security fee.

sum of deposit

Similar to the total sum of the deposit.

FAQs

How do I use "deposit amount" in a sentence?

You can use "deposit amount" to specify the sum required upfront, such as, "The "deposit amount" for the rental apartment is two months' rent."

What's a good alternative to "deposit amount"?

Depending on the context, consider using "security deposit sum" or "initial deposit size" as alternatives to "deposit amount".

Is it correct to say 'the amount of the deposit' instead of "deposit amount"?

Yes, 'the amount of the deposit' is grammatically correct and conveys the same meaning as "deposit amount". The choice depends on your preferred style.

What's the difference between "deposit amount" and 'down payment'?

"Deposit amount" is a broader term for any upfront payment. 'Down payment' is typically used for larger purchases like homes or cars, where it represents a significant portion of the total cost. It is more appropriate in that contexts.