What context can I use each word in?
Learn when and how to use these words with these examples!
foregift
Example
The tenant provided a foregift of two months' rent before moving in. [foregift: noun]
Example
The company required a foregift to secure the contract for services. [foregift: noun]
deposit
Example
I made a deposit of $500 to open a new savings account. [deposit: noun]
Example
The landlord required a deposit of one month's rent before the tenant moved in. [deposit: noun]
Good things to know
Which word is more common?
Deposit is more commonly used than foregift in everyday language. Deposit is a more general term that can be used in a variety of contexts, while foregift is a more specific term used primarily in legal or contractual settings.
What’s the difference in the tone of formality between foregift and deposit?
Foregift is typically associated with a more formal or legal tone, while deposit can be used in both formal and informal contexts.