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take deposit vs receive deposit

Both 'take deposit' and 'receive deposit' are correct phrases, but they are used in different contexts. 'Take deposit' is commonly used in informal situations or in the context of a business accepting a deposit, while 'receive deposit' is more formal and widely used in professional settings.

Last updated: March 17, 2024 • 1062 views

This phrase is correct and commonly used in informal situations or in the context of a business accepting a deposit.

"take deposit"

This phrase is used when referring to the action of accepting or collecting a deposit, especially in casual or business settings.

Examples:

  • I will take a deposit for the reservation.
  • The store requires customers to take a deposit for certain items.
  • The landlord asked the tenant to take a deposit before moving in.
  • Oct 30, 2013 ... System Settings Required: Payment Settings > Take Deposit, System Settings > Services > Additional Options > Deposit Prepayment set to Full, ...
  • MOTOR CARRIER DIVISION. DEPOSIT FOR ESCROW ACCOUNT. Will not take deposit less than Minimum. Company name: ...
  • Oct 31, 2013 ... There is a Take Deposit button on the ticket, that with just a click creates an invoice and triggers a credit to show up on the following invoice you ...
  • Find a CO-OP ATM or Shared Branch throughout the United States and internationally.

Alternatives:

  • accept a deposit
  • collect a deposit
  • receive a deposit

This phrase is correct and commonly used in formal and professional settings when referring to the action of getting a deposit.

"receive deposit"

This phrase is more formal and is commonly used in professional settings when talking about the act of obtaining a deposit.

Examples:

  • The bank will receive the deposit tomorrow.
  • The company policy states that only authorized personnel can receive deposits.
  • She was instructed to receive the deposit on behalf of the organization.
  • With Mobile Check Deposit, you can enjoy the convenience of using your smart phone's camera and your Security Bank Mobile Banking App to securely deposit  ...
  • Enter the email address to receive deposit confirmation. 3. Enter the Amount of the check. 4. Place on dark background with good light. Flatten the check, ensure  ...
  • Endorse your check as instructed; Key in the deposit amount; Take pictures with phone as directed; Submit for deposit; Receive deposit confirmation within ...
  • ... Old National BankConnectTM Plus; Eliminate geographic limitations and consolidate multiple banking relationships; Receive deposit confirmation by email.

Alternatives:

  • accept a deposit
  • collect a deposit
  • take a deposit

Related Comparisons

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