Webster's Revised Unabridged Dictionary · 1913

Deposit

Deposit , transitive verb

[Latin depositus, past participle of deponere. See Depone, and compare Deposit, n.]

1.
To lay down; to place; to put; to let fall or throw down (as sediment); as, a crocodile deposits her eggs in the sand; the waters deposited a rich alluvium.
The fear is deposited in conscience. — Jer. Taylor
2.
To lay up or away for safe keeping; to put up; to store; as, to deposit goods in a warehouse.
3.
To lodge in some one's hands for safe keeping; to commit to the custody of another; to intrust; esp., to place in a bank, as a sum of money subject to order.
4.
To lay aside; to rid one's self of. [Obsolete]
If what is written prove useful to you, to the depositing that which I can not but deem an error. — Hammond

Both this verb and the noun following were formerly written deposite.

Deposit , noun

[Latin depositum, from depositus, past participle of deponere: compare French dépôt, Old French depost. See Deposit, transitive verb, and compare Depot.]

1.
That which is deposited, or laid or thrown down; as, a deposit in a flue; especially, matter precipitated from a solution (as the siliceous deposits of hot springs), or that which is mechanically deposited (as the mud, gravel, etc., deposits of a river).
The deposit already formed affording to the succeeding portion of the charged fluid a basis. — Kirwan
2.
(Mining) A natural occurrence of a useful mineral under the conditions to invite exploitation. — Raymond
3.
That which is placed anywhere, or in any one's hands, for safe keeping; something intrusted to the care of another; esp., money lodged with a bank or banker, subject to order; anything given as pledge or security.
4.
(a) (Law) A bailment of money or goods to be kept gratuitously for the bailor.
(b)
(Law) Money lodged with a party as earnest or security for the performance of a duty assumed by the person depositing.
5.
A place of deposit; a depository. [Rare]
Collocations (2)
Bank of deposit , See under Bank.
In deposit or On deposit , in trust or safe keeping as a deposit; as, coins were received on deposit.