👉 Deponing is a legal term in the United States that refers to the act of temporarily storing property, such as machinery or inventory, until it can be sold or disposed of. This practice is common in industries where long-term storage of goods is necessary for production or distribution purposes. In the context of deponing, the process involves securing and securing a temporary location for the property, often by renting out space or using an existing building. The purpose of deponing is to protect the property
