security deposit


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Noun1.security deposit - the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securitiessecurity deposit - the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities
down payment, deposit - a partial payment made at the time of purchase; the balance to be paid later
References in periodicals archive ?
If you default on your credit card bill, then that security deposit is used to cover it.
The source said SpiceJet's outstanding towards landing, parking and route navigation charges currently stands at Rs 117 crore, against its security deposit of Rs 104 crore.
ISLAMABAD -- Election Commission of Pakistan (ECP) has withheld security deposited by as many as 120 candidates who contested elections from Lahore's 14 constituencies of National Assembly, Roznama Dunya reported on Saturday.
Under the same clause, if a candidate obtains less that one-fourth of the total votes polled in the constituency, the security deposit will be forfeited in favour of the government and will not be returned by the ECP.
Under Clause 61 of the Election Act 2017, contestants for National Assembly seats need to submit Rs30,000 while provincial assembly contestants have to submit Rs20,000 with the Returning Officer (RO) as a security deposit. Under the same clause, if a candidate obtains less that one-fourth of the total votes polled in the constituency, the security deposit will be forfeited in favour of the government and will not be returned by the ECP.
Another is insurance as an alternative to the security deposit. A number of startups have jumped into the security deposit arena in recent years, like Rhino and Jetty, companies that allow renters to pay a small monthly fee to what is basically an insurance policy for the landlord.
That security deposit will then be the 'financial cover' that the market operator can lean on if the power generator or the DU defaults on payments for or settlements of WESM-transacted capacities.
At the time of signing the tenancy contract with the landlord, I had paid a security deposit of Dh3,000 to the owner of the flat.
Dubai: A Dubai resident living in a villa said he was asked to produce an additional Dh15,000 security deposit for his villa's utilities, prompting him to ask if the security deposit for villas in the emirate has been changed.
Secondly, a landlord can make deductions from a security deposit if there are damages beyond normal wear and tear on the premises (assuming that the landlord did a proper move-in and move-out inspection).
Increased security deposits pose a barrier to lease for conditionally approved residents.
She said her family is in a Catch-22: They don't have the money to pay the security deposit again.

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