when i place a deposit for goods or services do i get the money back 
this depends on your agreement in many rental agreements a security deposit is held to ensure that there is no damage to a property this may also be the case in renting equipment the deposit may be returned if the item or space is returned in the same condition for other items a deposit may be used a partial payment on the balance due the bottom linea deposit in finance is typically when you transfer money to a bank account like a checking account for safekeeping however it can have other meanings as well for example you may need to place a deposit or a certain amount of money with a business to secure goods or services such as for a rental 