Refundable deposit definition

English dictionary, synonym, see also 'refusable',refutable',refinable',refund', Reverso dictionary, English definition, . The term refundable deposits refers to cash collected from credit customers that a company expects to return after a specified period of time, or when . KudoZ) English translation of a refundable security deposit: an.

It is refundable, which means the tenants can get the money back if they do . This term is defined in the Aged Care Act 1997. A refundable deposit is a lump sum amount that may be paid for entry to residential aged care homes from 1 . An amount paid by the lessee to the lessor as security for fulfillment of all obligations outlined in the lease agreement that is subsequently refunded to the lessee .

Definition of Refundable Deposit - A deposit that will be returned if an event is cancelled because of extenuating circumstances. While a deposit is, by definition, refundable, the non-refundable deposit is usually a surcharge on top of the initial security deposit. A monetary deposit given to a lender, seller or landlord as proof of intent. Security deposits can be either refundable or nonrefundable, depending on the terms . English dictionary definition of refundable.

The container recycling fee in non-refundable, although deposits remain fully refundable. When vrbo charges the renter a refundable damage deposit ($250), is it automatically refunded after X amount of days or do I need to go into .