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Tourism & Hospitality vocabulary · Reservations & Rates

Deposit

Meaning in tourism & hospitality, with examples

/dɪˈpɑːzɪt/nounCore term

In tourism & hospitality, deposit means: Money paid in advance to secure a booking, or money held by the hotel during a stay to cover possible extra charges or damage.

In Turkish: ön ödeme, kapora, depozito, güvence bedeli

How it is used

Reservations ask for a deposit to guarantee a booking, often one night or a percentage. Some hotels take a cash or card security deposit at check-in and return it at check-out. A deposit may be refundable or non-refundable.

Example sentences

  1. To confirm your reservation, we need a deposit of one night by Friday.

  2. The deposit is non-refundable if you cancel less than seven days before arrival.

Common collocations

  • pay a deposit
  • take a deposit
  • non-refundable deposit
  • security deposit
  • refund a deposit
  • cancellation policyThe rules of a hotel or agency about how and when a booking can be cancelled and what the guest pays after a late cancellation.
  • pre-authorizationA temporary hold placed on a guest's credit card to make sure enough money is available for the stay and any extras.
  • reservationAn arrangement made in advance to keep a room, table, seat or service for a guest on a particular date.
  • incidentalsExtra charges a guest makes during a stay that are not part of the room rate, such as minibar, room service or phone calls.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Reservations & Rates

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