[place] a deposit
1
to give a sum of money as a prepayment or security to secure a reservation or purchase
- To reserve a table at the restaurant, you may need to place a deposit for special occasions.
- To reserve the event venue, they had to place a deposit in advance.
- He placed a deposit on the car he intends to purchase and will pay the balance later.
- Customers often place a deposit on expensive jewelry before completing the purchase.
- Many landlords require tenants to place a deposit equal to one month's rent.