In daily life, we often encounter the concepts of "deposit" and "deposit", but there is an essential difference between them.
First of all, the meaning of a deposit is the amount of money that needs to be paid to book or book a certain product or service, usually for the purchase of pre-sale goods, reservation of services, or reservation of hotels, air tickets, etc. The nature of the deposit is an advance payment, which means that if you have paid the deposit, you need to pay the balance within the stipulated time, otherwise the deposit may not be refunded. The deposit is usually small and is only used as a means of reserving a place or booking a qualification.
The meaning of the deposit is that before the performance of the contract, in order to ensure the performance of the contract, one of the parties pays a certain amount of money to the other party before the performance of the contract. The nature of a deposit is a kind of security, that is, if one party defaults, the other party has the right to claim the deposit as compensation. The amount of the deposit is usually large, and the amount of the deposit is related to the size of the liability for breach of contract. If the contract is properly performed, the deposit will usually be part of the contract price.
Therefore, although both deposits and deposits are required to be paid before the performance of the contract, their nature and purpose are different. The deposit is mainly used to book or book goods or services, while the deposit is mainly used to guarantee the performance of the contract. Before signing the contract, we need to carefully read the terms of the contract and understand whether the deposit or deposit should be paid to avoid unnecessary disputes and financial losses.