deposit refund

Landlord's goodbye check

A deposit refund is money returned when you bring back a container or item you paid a deposit on.

Beverage containers often carry deposits that are refunded when returned for recycling: The deposit refund is ten cents per can.

The term also applies to security deposits returned at the end of a lease or rental agreement.

Related

checkout · rental · reimbursement · bottle · recycle · recycling center · cash · return · move-out inspection · escrow · damage · wear and tear · cleaning · itemized list · inspection · holdback · collateral · guarantee

Categories
Opposites
financial transaction direction

deposit refundpenalty fee

Charge for violations

cancellation fee · service charge · processing fee · restocking fee · handling charge

consumer outcome

deposit refundforfeiture

Loss due to breach

no refund · refund denial · confiscation · financial penalty · sunk cost

Family

deposit, refund, deposits, deposited, depositing, depositor, depositors, deposition, depositions

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G