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The money a property management company will ask you to pay before renting one of their apartments/units to you, which they will hold until you move out and leave the property in the same condition you recieved it. A.K.A Money you will never see again.
"Those fucking assholes took my damage deposit!!!"
by Ye Olde Balls October 08, 2009

Words related to Damage Deposit

deposit dumdass' money hell naw idiot fund security deposit