safe deposit
Definition
- Noun (also written as "safety deposit"):
- A secure storage service provided by a bank or other institution, where customers can rent a lockable metal box (called a safe deposit box) to store valuable items such as jewellery, documents, or cash. The box is kept in a highly secure vault that is typically fireproof and waterproof.
Usage Examples
- (She stores the ring in a secure rented box.)
- (He stored important documents in a locked vault.)
- (The bank provides secure storage for rent.)
Advanced Usage
"Safe deposit box": The specific container used within a safe deposit service.
- The key to the safe deposit box was lost, so the bank had to drill it open. (The metal box in the vault had to be forced open.)
"To rent a safe deposit": To pay a fee for the use of a secure storage space.
- Many people rent a safe deposit to protect important papers from theft or fire. (They pay for the service to safeguard documents.)
Variants and Related Words
Safety deposit (n): An alternative spelling for "safe deposit," used interchangeably.
- The hotel offers a safety deposit service for guests' passports. (The hotel provides secure storage.)
Deposit (n/v): To place something for safekeeping; also, money placed in a bank account.
- Please deposit your valuables in the safe deposit box. (Place them inside for protection.)
Synonyms
- Strongbox: A lockable metal container for storing valuables (often smaller and portable).
- Vault: A secure room or compartment, often in a bank, used for storing valuable items.
- Lockbox: A secure container or service for storing items, often used for documents.
Related Idioms
"Put something in a safe deposit": To store something securely, often implying it is precious or irreplaceable.
- After the burglary, he put all his gold coins in a safe deposit. (He secured them in a locked vault.)
"Safe as a safe deposit": Extremely secure or protected.
- With bank-level encryption, your data is as safe as a safe deposit. (Your data is very well protected.)