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Lazzy boy Posted 15 years ago
Vocabulary
Advance vs deposit
Hi
Is there any mistakes in the usage of deposit and advance words? And do they mean the same?
"When I bought a Ferrari car, I had to pay $1500 in advance"
"When I bought a Ferrari car, I had to pay $1500 on deposit"
What I mean is that I paid $1500 as a first batch and that I'm going to pay the rest on batches.
I'm sure of the usage of "in advance" but not " on deposit"
Help please...
Is there any mistakes in the usage of deposit and advance words? And do they mean the same?
"When I bought a Ferrari car, I had to pay $1500 in advance"
"When I bought a Ferrari car, I had to pay $1500 on deposit"
What I mean is that I paid $1500 as a first batch and that I'm going to pay the rest on batches.
I'm sure of the usage of "in advance" but not " on deposit"
Help please...
Top answer
I would presume that they mean the same here, but I would also think that 'deposit' is money I can get back if the contract is not completed, while an 'advance' may well be gone for good.
- I would presume that they mean the same here, but I would also think that 'deposit' is money I can get back if the contract is not completed, while an 'advance' may well be gone for good.
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1 Answers
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I would presume that they mean the same here, but I would also think that 'deposit' is money I can get back if the contract is not completed, while an 'advance' may well be gone for good.
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