Inklingo

How to Say "deposit" in Spanish

English → Spanish

depósito

nounA2general
Use 'depósito' when referring to money placed into a bank account.

Examples

Hice un depósito de cien euros en mi cuenta.

I made a deposit of one hundred euros into my account.

señal

nounB2general
Use 'señal' for a sum of money given to reserve an item or service, like a car or a room.

Examples

Para reservar el coche, tienes que dejar una señal de 200 euros.

To reserve the car, you have to leave a deposit of 200 euros.

entrada

en-TRAH-dah/enˈtɾaða/

nounB2financial
Use 'entrada' for the initial payment or down payment required for a significant purchase like a loan or property.
A small stack of colorful paper money placed directly next to a miniature, simple model of a house.

Examples

Necesitas pagar una entrada del 20% para el préstamo.

You need to pay a 20% down payment for the loan.

Ya dimos la entrada y solo quedan doce cuotas.

We already gave the down payment and only twelve installments remain.

avance

ah-VAHN-say/aˈβanse/

nounB1general
While less common than 'depósito' for reservations, 'avance' can refer to money paid upfront to secure a booking.
Two stylized hands exchanging a small pile of gold coins for a decorative key, symbolizing a down payment.

Examples

Tienes que dar un avance del 10% para reservar el coche.

You have to give a 10% down payment to reserve the car.

Pedí un avance de mi sueldo para pagar las cuentas.

I asked for a cash advance on my salary to pay the bills.

Reservation vs. Bank Deposit

The most common confusion is between 'depósito' and words like 'señal' or 'avance'. Remember, 'depósito' is primarily for money in a bank, while 'señal' and 'avance' are for securing a reservation or purchase.

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