This department is now part of t he Department of Work and Pensions Synonym =... Government department responsible for welfare and employment issues. Formally the Department Of Social Security Synonym =... Sum paid upfront before receipt of product/service. In Property either a lump sum paid to the seller towards the overall cost of the property and required for exchange of contracts or the money provided by a Tenant to cover potential... These schemes ensure that money paid by tenants as deposits are kept safe and a landlord must use either a custodial or insured scheme if they take... Loss in value of an asset over its estimated useful life.