Deposit and deposit difference

Baidu explained as follows:

"Deposit" refers to the amount of money agreed by the Parties to be paid to the other party as a creditor's rights guarantee. It is a legal guarantee to urge the debtor to perform the debt, ensure that creditor's rights are fulfilled. At the time of contract signing, the deposit must be agreed in writing, and the amount and delivery period of the deposit should also be agreed. If either party fails to fulfill the debt, the other party has no right to request the other party to return the deposit. If the other party accepts the deposit and fails to fulfill the debt, the other party must return the debt to the other party twice. After the debtor fulfills the debt, according to the agreement, the deposit shall be paid or withdrawn.

At present, China's law does not clearly stipulate that the deposit does not have the guarantee nature of the deposit and can be regarded as "prepayment". When the contract cannot be executed, except for force majeure, the liability for breach shall be borne by both parties at fault.

 

Literally, it means to ensure that a certain product can be purchased. In order to agree with the merchant, the merchant promises to sell the product to the buyer, which means that the seller should return the product when the seller defaults, it can be understood as an advance payment. It can only be said that you have made a reservation, but the seller may not have it at that time.

 

Specific to the software, it generally involves the use of the "deposit" for the contract, involving Members, prepayment will use the "deposit ".