security deposit

Definition of "security deposit"
  1. A payment required by a landlord from a tenant to cover potential unpaid rent or property damage
How to use "security deposit" in a sentence
  1. Samuel asked his new tenants for a security deposit before handing over the keys.
  2. Jess was relieved she got her security deposit back after maintaining her rental unit in good condition.
  3. The landlords used the security deposit to repair the damages caused by the previous tenant.

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