Plain-language definition
A deposit is money held by a provider as security for future charges, equipment, or account risk.
Why it appears on a bill
It may appear when opening an account, restoring service, renting equipment, or meeting account requirements based on payment history.
What to check
- Confirm why the deposit is required.
- Ask when and how it can be returned or credited.
- Keep proof of payment.
- Check future bills for the promised refund or credit.