Glossary · Money

Security deposit

Security deposit · definition
  • A security deposit is a refundable amount held (or claimable) against damage. Most OTAs have replaced literal card holds with claim processes or waiver programmes.
  • Category: Money

How it works per channel

Airbnb doesn't take cash deposits — damage claims go through its resolution process backed by Host protection. Vrbo and direct bookings still support genuine refundable deposits or damage waivers.

Deposit vs waiver

A deposit is the guest's money returned if all's well; a waiver is a small non-refundable fee pooled to cover minor damage. Waivers cause fewer arguments; deposits deter more.

StaysDamage waiver
StaysHouse rules

Part of the Stays short-term rental glossary.

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