deposit fee
Refundable initial payment
A deposit fee is a charge paid upfront when renting or borrowing something, intended to be returned when the item comes back undamaged.
The term often refers to fees on returnable containers like bottles and cans: The deposit fee on these bottles is ten cents each.
Unlike a security deposit, which covers potential damage, a deposit fee may also incentivize recycling.
- paymentFulfilling a financial obligation
- chargeCost or accusation
- securityProtection from threat
- rentalPaid temporary use
- escrowConditional third-party deposit
earnest money · upfront · reservation · holdback · retainer · collateral · guarantee · downpayment · processing · transaction · bank · landlord · lease · apartment · key money · checkout · booking · nonrefundable
deposit feefinal payment
Last sum owed
balloon payment · remainder · exit fee · outstanding balance · remaining balance
deposit feerefund
Money returned after purchase
deposit return · deposit refund · reimbursement · money back · rebate
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