What does "Fianza" refer to in English?

Prepare for the Siesta Advisor Examination with flashcards and multiple-choice questions. Each query offers hints and explanations to get you ready for your test!

"Fianza" translates to "deposit" in English, making it the correct choice. In financial contexts, a "fianza" is usually a sum of money put down as security to ensure compliance with an obligation, such as rent or a loan. This term is commonly used in leasing or rental agreements, where the tenant is required to pay a security deposit that may be held until the end of the lease to cover potential damages or unpaid rent.

Understanding the context of the term helps clarify its meaning further: while "hour," "day," and "price" may have their specific uses in various contexts, they do not capture the financial aspect of "fianza." Thus, recognizing "fianza" as a deposit helps in grasping how security and financial transactions are represented in language.

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