Question

Define security deposite. It's urgent please answer fast ​

Answer 1

Answer:

A security deposit is money that is given to a landlord, lender, or seller of a home or apartment as proof of intent to move-in and care for the domicile. ... A security deposit is intended as a measure of security for the recipient, and can also be used to pay for damages or lost property.

Explanation:

Answer 2

Answer:

A security deposit is a sum or amount of money that a renter gives to landlord or seller used when any damage is caused ( when rented ) and used as proof of intent ( when rented or bought ).

Explanation:

Hope this helps you!