Cash amount collected at the beginning of the lease as security for performance of all lease obligations and refunded at lease end unless there is excess wear and use on the vehicle or if the mileage exceeds contract limits. Allowable charges would be deducted before a final distribution of the security deposit is made.

Amount to be paid as a security against the loan.

An amount collected by the lessor at the beginning of the lease term to help ensure the Lessee's full compliance with the provisions of the lease agreement.

Money collected at initiation of lease to provide additional confidence the Tenant will perform. It is not normally the last months rent, but is typically equal to that amount. Also, most leases require the deposit be replaced if the Landlord has to use it to cure a monetary default. It should be clear as to the space condition needed and timing at end of lease for return of deposit.

Moneys or other consideration (e.g., letter of credit) given to a landlord from a tenant as security for performance of the tenant's obligations under the lease agreement.

A deposit you pay to a landlord to cover the cost of damage to the property you are renting.

A payment required by a landlord to cover expenses in the event that the tenant damages the property or leaves owing rent.

A retailer's cash deposit with a wholesaler to secure credit.

A payment made prior to entering an auto lease that is, usually, equal to one month's payment as security against excess wear and tear on your car.

The amount of money blocked on a credit card during a rental in regards to the deductible on insurance as well as a full tank of gas and car keys. This block is released provided the car is returned in the same condition it was rented in, with the same amount of gas and the keys intact.

This is a lease deposit collected at lease signing which is used to cover lessee amounts owed, but not paid, at contract lease end, which is refundable.

Refundable amount collected at lease signing that is used to cover lessee amounts owed, but not paid, at lease end. This amount is typically the Total Monthly Payment rounded to the next $25.00 increment

Generally, a deposit of money by a tenant with a landlord to secure performance of a lease.

An amount of money paid by the lessee at the initiation of a lease. However, the deposit does not reduce the number of payments left on the lease. Assuming there is no default under the lease, the deposit is usually returned to the lessee at the end of the lease or applied towards the purchase of the equipment.

the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities

a cash deposit made at

a deposit of money to the landlord to ensure that rent will be paid and other responsibilities of the agreement will be performed

a deposit of money to the landlord to ensure that responsibilities of the lease will be performed (e

a landlord's way of guaranteeing that he or she will be compensated for any damages that may occur while tenant is living on their property

a monetary instrument given in consideration of potential debt and damages that may arise during the period of the tenancy

an amount deposited with the property owner at the start of the tenancy

an amount of money collected by lessor from a lessee at the beginning of a lease, to hold during the term of the lease

an amount of money collected by the landlord in advance to pay for damages you may cause or other financial losses suffered by the landlord caused by you

an amount of money given by the tenant to the landlord to ensure that reimbursement is available for any damage done to the premises by the tenant

an amount of money normally collected by a landlord which is held as security against property damages, unclean conditions, and unpaid rent

an amount of money paid by tenants as surety to landlords

an amount of money paid by the lessee to the lessor, generally at or before the time that the Lease Agreement is executed, guaranteeing performance of the lease

an amount of money retained by the landlord and held in escrow for the duration of the lease term

an amount of money that is supposed to guarantee that the tenant will care for the dwelling

an amount of money the landlord requires before he lets a tenant move in

an amount of money you pay up front to a landlord or management company usually when you sign the lease

a payment by the tenant to the landlord to be held in a trust account until the end of the tenancy

a payment made to the landlord the landlord, to cover the cost of any damages incurred by the landlord due to tenant defaults either on the lease or from damages to the premises

a payment that the landlord may ask you to pay for future damage to the apartment caused by you, or for rent that you might owe

a refundable fee, typically about one month's payment, that may be assessed by the leasing company at the beginning of your lease

a sum of money given to the landlord, usually before a tenant moves in, to protect the rented property from any damages that may occur during the time of the lease or for unpaid rent

a sum of money or other value given to the landlord, that is in addition to the rent paid in respect of the residential premises, and is held as security for the performance of an obligation or a liability of the tenant

a sum of money which you may be required to pay to a landlord (or landlord's agent) as security in case you damage the landlords property or furnishings

In a lease, the amount of money prepaid by the tenant to secure performance of a lease and often provides the amount of liquidated damages if the tenant does not perform.

Money or things of value received by or for a property owner to insure payment of rent and/or satisfactory condition of the rented premises upon termination of the written or oral lease.

A security deposit comes into play only when leasing a vehicle. You should always have the dealer waive the security deposit. However sometimes you can put multiple security deposits down to reduce the money factor (interest rate).

Paid upfront by the lessee to help ensure lessee compliance with the terms of the agreement.

If you have credit challenges, such as bad credit or no credit, some carriers will require you to pay a security deposit to ensure that they will be paid for the services you are billed.

A deposit of money by a tenant with a landlord as security for the performance of a lease agreement.

Usually the same amount as one month's payment paid up front. You'll get it back if the car is in good condition at the end of the lease. What is $0 Down?"Zero down" means that the only up-front fees you will have to pay are the tax and license fees. Thus, if a dealer offers a "zero down" lease, you should not have to pay any fees up front, such as a security deposit or downpayment.

Security Deposit is typical to hire-purchase agreements offered by Non Banking Finance Companies. The party seeking finance (hirer), is offered finance upto 100% of the cars cost. The security deposit can vary from 15% to 35% as per the scheme selected. The security deposit earns an interest of 14% simple or 14% compounded quarterly, for the period of the agreement (tenure). At the end of the tenure the security deposit is refunded along with the interest earned through the tenure. Unlike Fixed Deposits which can be terminated and refund sought before maturity, the security deposit is linked to the car hire-purchase agreement and is refunded only on termination of the hire-purchase agreement and not in between.

A refundable amount collected at lease signing that is used to cover lessee outstanding amounts owed at lease end.

An amount of money paid by a tenant before moving into the premises to cover any damage incurred while living there, or to protect the landlord in the event that the tenant leaves without being current on rent payments. If the tenant is current and the unit only has a normal amount of wear and tear, then the deposit is generally refunded.

Funds paid at, or prior to lease inception to the lessor as collateral and to insure payment on the asset.

An amount collected at the inception of a lease to cover obligations that the lessee should pay, but does not. Examples of these are excess mileage or wear charges, and unbilled personal property tax. If no additional obligations are due, the security deposit is refunded at the end of the lease.

A dollar amount held by the lessor to protect against default by the lessee. Refundable at the end of the lease.

This is a sum of money, paid up front, as security for excess wear and tear on the leased vehicle. The amount is refunded if the vehicle is returned in good condition. In some cases, the deposit may be applied against the final monthly payment. Good luck and happy negotiating! Data Entry Pro-Pays 75% New Site Design! - Old Payout was $22.60/Current Payout now $33.93 Per Sale! 2x less refunds. Affiliates Profit More than Ever Before! Try it & See. CarAuctionSources! - Auctions 75% Comm. - Government Auction vehicle sources. Affiliates: We have some awesome banners and a cool new search box for your page! William Bolton is founder, owner, and operator of Leasedwheels.com, a website specializing in auto lease transfers and assumptions. If you're stuck in a lease you need out of or wish to take over an existing lease on a short-term basis with no money down, visit: http://www.leasedwheels.com?expert=Bill_Bolton Article Index

a deposit or a fee that the landlord requires the tenant to pay at the beginning of the tenancy. The landlord can use the security deposit, for example, if the tenant moves out owing rent or leaves the unit damaged or less clean than when the tenant moved in.

Some carriers may require a security deposit for customers with poor or no credit ratings.

An amount of money, usually equal to one month's rent, that is held by the landlord for the duration of the lease. In a rent stabilized apartment this money is held in an interest-bearing bank account. The interest is payable to the renter and is reported to the IRS on a W-9 form, which you will be asked to sign at the time of lease signing.

Amount given to Ervin Leasing by the lessee as a security for the term of the lease. Provided the contract is not in default, the security deposit is returned to the lessee at the end of the lease term, or may be applied to the purchase option. Usually the sum equal to two(2) monthly payments.

An amount you may be required to pay, usually at the beginning of the lease that may be used by the lessor in the event of default or at the end of the lease to offset any amounts you owe under the lease agreement. Any remaining amount may be refunded to you.

A deposit paid at the beginning of the tenancy. It is refunded at the end of a tenancy with deductions for rent arrears, damages or loss.

See deposit.

Deposit of money made to assure performance of an obligation, as by a tenant under a lease.

A payment required by a landlord to guarantee that the tenant meets his or her obligations under the lease and to guard against any potential damages that may be incurred during the term of the lease.

() The amount of money the tenant will pay the landlord before the tenant takes up occupancy in the new leased or rented space.

Money held by the landlord to ensure the tenant meets his obligations under the lease.

A deposit of money by a tenant to a landlord to secure performance of a lease. This deposit can also take the form of a Letter of Credit or other financial instrument.

A specific amount paid at the inception of the lease by the lessee to insure full compliance with the lease and to provide the lessor with some protection against faults, delays, or other failures of performance by the lessee. Occasionally, advance periodic lease payments may serve the purpose of a security deposit, but more frequently, the security deposit is a separately identified obligation.

Deposit of money by a tenant with a landlord to secure performance of a lease.  Generally equal to one month of rent.

Defined in Minnesota as any deposit of money, the function of which is to secure the performance of a residential rental agreement. Most often required by landlords to insure payment of rent and protect the property against damage. Does not include a deposit that is exclusively an advance payment of rent.

A deposit, usually one month's rent, that a rental tenant will give to the landlord at lease signing as security against damage to the apartment during the course of their tenancy. At the end of the lease term, the landlord will take the cost of any damages caused by the tenant out of the security deposit before returning it. Most of the time the deposit will be held in an interest bearing escrow account.

Synonymous with the term margin. A cash amount of funds that must be deposited with the broker for each contract as a guarantee of fulfillment of the futures contact. It is not considered as part payment or purchase. Related: Margin

Comprises of an interest free lump sum payment to the landlord at the commencement of the lease, which is refundable at the end of the lease term. Though the deposit amount varies depending on city, property type, location and the period of the lease, it may range anywhere between 6 to 18 months of monthly rental. It is not uncommon for some landlords to provide a bank guarantee to the tenant as security for the repayment of the initial deposit amount.

A rental tenant will put down a security deposit on an apartment so that the owner of the apartment has security against any potential damages in the apartment during the term of tenancy. If no damages to the apartment exist upon vacating then the security deposit must be returned to the tenant. If the building has more than four units said security deposit must be kept in an interest bearing account.

An amount paid at the beginning of the lease that is held by the lessor until the satisfactory payment of all amounts due under the lease terms, at which time the security deposit amount is returned to the lessee.

At time of pick up, the rental car supplier will block an amount of money on your credit card. This amount is in correlation to the deductible on the insurance, local fees, gas and key deposit. Provided the vehicle is returned with no damage, full tank of gas and with the keys, at that time any local fees will be charged and the remainder of the block is released back to your credit card.

The amount of money needed to open or maintain a position. Also known as ‘margin.'

A Security Deposit is an advance payment, usually equal to two (2) lease payments, retained by the Lessor for the term of the Lease. If the lease is never finalized for reasons that are not the fault of the Lessor, the Deposit is kept by the Lessor for administrative costs. If any part of the Deposit is remaining at the end of the Lease term and the Lessee has completed all of his / her obligations, the Deposit is returned to the Lessee or can be applied to the Purchase Option, if any, or to any remaining payments.

A cash sum that lessors require at lease inception as a safeguard against nonpayment Read more

A deposit made to assure performance of an obligation.

The amount paid at the beginning of the lease held by the lessor. This amount is a refundable contingent on all lease payments paid satisfactory along with any other amounts due under the lease terms. It certain cases, the security deposit may be applied to the purchase option.

A sum of money paid at the beginning of a lease term to offset any excessive wear and tear at the end of the lease, but refunded if the car is returned in good condition; also called a reconditioning reserve.

This is a fee you put down to ensure repayment. In a way, it is like insurance for the lender just as a damage deposit is for a landlord.

The security deposit is usually equal to one monthly payment. However, multiple security deposits can be made to reduce the interest rate charged.

States the amount of the security deposit. This provision should also state what the security deposit will be used for, where it will be held, and whether it will earn interest.

A refundable deposit amount collected when the lease is signed. It is used to cover any penalties or fees that may be assessed at the end of the lease. The security deposit is usually roughly equivalent to the amount of one monthly payment.

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.

A Security Deposit is a payment in advance that is usually equal to two lease payments. This deposit is kept by the Lessor for the term of the Lease. If the lease is never completed for reasons that are not the fault of the Lessor, the deposit will be retained by the Lessor for administrative costs. If any part of the deposit still exists at the end of the Lease term and the Lessee has finalized all of his / her obligations, the Deposit is returned to the Lessee or can be applied to the Purchase Option or to any outstanding payments.

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rented premises in good condition. The security deposit not only covers any rent that might be owing but any damage caused by the tenant or any losses arising from any breach by the tenant. The security deposit is usually provided either by cash or a Bank Guarantee from the tenant's bank.

Amount the lessor holds on account ( much like a damage deposit for home rentals ). It is refunded to the lessee upon maturation of the lease provided the vehicle is returned to the lessor in good condition, with-in the km limitations and assuming all payments are up to date and there are no outstanding charges. Should the lessee decide to buy the vehicle out, this amount would be applied towards the purchase. The security deposit is generally equal to approximately one months payment.

A refundable dollar amount paid to the finance company at the commencement of the lease. Funds is used to pay for potential excess wear and tear or excess KM penalties.

In automobile leases, sometimes called reconditioning reserve. An amount, often the same as one month's payment, the dealer holds to be sure that the car will be returned in good condition. It is to be returned, less fees and damage charges, at the end of the lease.

The amount required by the lessor at the beginning of a lease to guarantee the lessee meets the terms defined in the lease. Refundable at lease end provided all terms and conditions are met and there are no outstanding charges or payments due. In certain states referred to as a Reconditioning Reserve, which differs in that at lease end it can only be applied to vehicle repair, and not to other amounts due.

A dollar amount (maximum set according to the regulations) which can be used for unpaid rent or damages to the owner upon termination of the lease.

A refundable deposit, usually equal to one monthly payment, collected by the lessor at the beginning of the lease to offset any amounts due under the term of the lease.

A rental tenant will put down a security deposit on an apartment so that the owner of the apartment has security against any potential damages in the apartment during the term of tenancy. This security deposit is not in lieu of a tenant paying his/her last month's rent.

With vehicle leases, it is an amount of money, often the same as one month's payment, held by the dealer to ensure the vehicle is returned in good condition. The security deposit is returned at the end of the lease agreement minus any fees or damage charges. Also called a reconditioning reserve.

Prepayment to a landlord to offset any damage that might occur beyond normal wear and tear. It is considered a damage deposit. Laws in most states require landlords to hold the deposit in a separate account and refund the amount, if no damage is done, within a specified time after termination of the lease.

An amount given to the owner of an asset to safeguard that asset.

A payment by a tenant, held by the landlord during the lease term and kept (wholly or partially) on default or destruction of the premises by the tenant.

A cash sum that lessors require at lease inception as a safeguard against nonpayment. Lessors often require a security deposit of about $500 or the amount of one monthly payment. The lessor enjoys the interest on this amount throughout the term of the lease. In theory, you should get this deposit back at the end of the lease, but the lessor often will keep it as part of any excess wear-and-tear charges that are assessed.

Money deposited by or for the tenant with the landlord, to be held by the landlord for the following purposes: to remedy tenant defaults for damage to the premises (be it accidental or intentional), for failure to pay rent due, or for failure to return all keys at the end of the tenancy.

The amount of funds that must be deposited by a customer with his broker for each futures contract as a guarantee of fulfillment of the contract. It is not considered part payment of purchase. Used interchangeably with margin.

A deposit made by a tenant, in the form of cash, letter of credit or both, to secure the tenant's performance of its monetary obligations under a lease and to offset damages due to tenant's negligence. EXAMPLE: As a condition to leasing space in Ellipsis Tower, ABC Tenant is required to provide a cash security deposit equal to two months Base Rent. The Landlord retains the right to apply this deposit against any past due rent amounts, at which time ABC must replenish the deposit to its original amount or be in default under the lease.

money paid at the beginning of the lease that will later be returned to tenants if the rental remains free of damages.

The amount required to be deposited with CME Clearing by the clearing member as security for its obligations to the CME Clearing.