caution-money
Definition
- Noun:
- A sum of money deposited as security: "caution-money" refers to a financial deposit made to guarantee good behavior, performance, or to cover potential damages, often required in rental agreements, educational institutions, or professional settings.
Usage Examples
- Noun:
- The student was required to pay caution-money before moving into the dormitory. (A deposit to cover any damages or rule violations.)
- The landlord requested caution-money as a safeguard against unpaid rent. (A security deposit for a rental property.)
Advanced Usage
"to deposit caution-money": to provide a sum of money as a guarantee.
- New members must deposit caution-money with the club treasurer. (They must leave money as a security measure.)
"to forfeit caution-money": to lose the deposited money due to a breach of terms.
- If you break the lease, you will forfeit your caution-money. (You will lose the deposit because of a rule violation.)
Variants and Related Words
Caution (n): care taken to avoid danger or mistakes; also a warning.
- He drove with caution on the icy roads. (He was careful.)
Money (n): a medium of exchange in the form of coins and banknotes.
- She saved her money for a new bicycle. (She accumulated currency.)
Synonyms
- Security deposit: a sum of money paid as a guarantee against damage or default.
- Bond: a formal written agreement to pay a sum if certain conditions are not met.
- Guarantee: a formal promise or assurance, often backed by money.
Phrasal Verbs
- Pay up: to pay the full amount owed, especially under pressure.
- He had to pay up the caution-money before the deadline. (He fulfilled the payment requirement.)
Related Idioms
Put your money where your mouth is: to back up one's words with financial action.
- The company required caution-money to put their money where their mouth is. (They demanded a deposit to show commitment.)
Money talks: wealth gives power or influence.
- In rental disputes, caution-money often ensures that money talks. (The deposit gives the landlord leverage.)