English-Spanish translations for security deposit

  • caución
  • fianza
  • garantíaLa enmienda 16 pone en peligro la protección de los inversores ya que la prohibición de constituir una garantía ante el depositario es una contradictio in terminis. Amendment No 16 jeopardises the protection of investors because a blocked security deposit with a third party custodian is a contradiction in terms.

Definition of security deposit

  • An amount of money paid in advance as security against the payor's non-performance of a contractual obligation

Examples

  • The landlord demanded one months security deposit for rent, another for damage to the apartment, and one months rent in advance.

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