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payment vs deposit

deposit vs payment

payment and deposit both are nouns.

payment is not a verb while deposit is a verb.

Word NounAdjectiveVerbAdverb
payment Yes No No No
deposit Yes No Yes No
As nouns, deposit is a hyponym of payment; that is, deposit is a word with a more specific, narrower meaning than payment:
  • payment: a sum of money paid or a claim discharged
  • deposit: a partial payment made at the time of purchase; the balance to be paid later
payment (noun) deposit (noun)
the act of paying money the act of putting something somewhere
an act of requiting; returning in kind a facility where things can be deposited for storage or safekeeping
a sum of money paid or a claim discharged a payment given as a guarantee that an obligation will be met
matter that has been deposited by some natural process
the phenomenon of sediment or gravel accumulating
a partial payment made at the time of purchase; the balance to be paid later
money deposited in a bank or some similar institution
money given as security for an article acquired for temporary use
the natural process of laying down a deposit of something
payment (verb) deposit (verb)
put, fix, force, or implant
put (something somewhere) firmly
put into a bank account
Difference between payment and deposit

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