Deposit

Deposit, derived from the French word "acompte" and the Italian "acconto". This means the amount of money paid by a beneficiary, the person or entity, on behalf of a delivery of goods, the execution of works or services to be performed at certain pre-established deadlines. Socialist economy, abolition of trade credit under there was the possibility that the units and economic organizations can pay and, respectively, collect some money in the form of deposit, unless expressly provided some legal provisions.