A: Let's discuss the security deposit. B: Do you have the full amount for the deposit? A: I think I do. How much was it again? B: It was a total of $1,000. A: Can you please explain how a security deposit works? B: You don't know? I thought you did. A: I just want to make sure I have it correct. B: The security deposit ensures coverage for any damages you may cause to the apartment at your departure. A: I see. Is that it or is there more to it? B: The security deposit also could be used to help repay any owing rent you may have. A: Okay, that's what I was thinking. Thanks for confirming that information. B: Sure thing. You're welcome.