Pharmacists are very well compensated for the services they provide. The average annual pharmacist salary is $116,500. The bottom 10% of pharmacist make less than $89,000 while the top 10% of pharmacist make well above $147,350.
DEFINITION of 'Security Deposit'. A monetary deposit given to a lender, seller or landlord as proof of intent. Security deposits can be either refundable or nonrefundable, depending on the terms of the transaction. As the name implies, the deposit is intended as a measure of security for the recipient. Next Up.
A secured debt or secured claim is one where the lender has some sort of collateral. A car loan or home mortgage would be the most common examples, but other debts may be secured as well, especially in business settings.