security deposit
Los Angeles
phrase
Maturity / Intensity:
🔥
Meaning & Definition
A sum of money paid by a tenant to a landlord to cover any damages or unpaid rent.
Example Usage
« They want first and last month's rent plus a security deposit, that's like three grand just to move in! »
The landlord requires the first month's rent, the last month's rent, and a security deposit, which totals around three thousand dollars just to move into the apartment.