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Deposit: A Kid-Friendly Money Dictionary Definition
Updated

Deposit: definition for kids from Sammy Rabbit’s kid-friendly money dictionaryWord and Category

Word: Deposit

Category: Action Word

Related Definition: Bank

What this category means:

Action words describe things we do with money. These words help children understand that money habits are built through actions and choices they make again and again.

Definitions

In Simple Words

To deposit money means to put money into a bank.
You deposit money when you save it instead of spending it.

A Little More Grown-Up

A deposit is money you put into a bank or savings account to keep it safe.
Depositing money helps your savings grow and keeps track of how much money you have.

Deposited means the money has already been put into the bank.
Depositing is the action of putting money into a bank.

Context Clues

Note: You can find the word “deposit” in Sammy Rabbit stories and activities when kids talk about saving money, visiting the bank, or adding money to a savings goal.

Sammy Says

Sammy Says:
“Deposit your money—
Save first, then dream bigger!”

Money Habit Connection

Making deposits is a powerful money habit. It teaches children to save first, build patience, and work toward goals one deposit at a time.

Silly Sentence

I deposited my coin so it could rest safely with its money friends at the bank.

Serious Sentence

When you deposit money, you put it into the bank to save it for later.

Rhyming Sentences

Silly Rhyming Sentence:
I made a deposit—plop, plop, hooray! My money’s safe and tucked away!

Serious Rhyming Sentence:
Each deposit I make helps my savings grow, one step at a time, nice and slow.

Examples of Depositing Money

Putting allowance into a savings account

Adding gift money to the bank

Saving coins instead of spending them

Depositing money toward a goal

Examples of What Is Not a Deposit

Spending money at a store

Taking money out of the bank

Losing money

Keeping money in unsafe places

Related Money Words

Bank • Save • Savings Account • Goal • Interest

Opposite Money Words

Withdraw • Spend

Questions Parents and Teachers Can Ask Kids

Ask your child or student:
“What could happen if you make deposits regularly?”

Remember

Every deposit—big or small—helps your money grow and brings you closer to your dreams.

Related Standards Aligned Lesson Plans

  • Coming soon

Keep Kids and Families Learning

  1. Kids, families, and schools of every kind can enroll in Sammy Rabbit’s Money School with a FREE, PREMIUM or Group Discount Money School Memberships, giving learners access to engaging, age-appropriate financial education resources.

  2. Parents, teachers, and community leaders are invited to explore the resources and teaching tips available on SammyRabbit.com, starting with award-winning financial educator Sam X Renick’s article series, Money Lessons Parents Should Teach Kids!

  3. Schools, community organizations, employers, and partners can learn more about Sammy's Dream Big Financial Education curriculum, a flexible, standards-aligned approach designed to help children build strong money habits, confidence, and lifelong skills.

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