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depositor
/ dɪˈpɒzɪtə /
noun
- a person who places or has money on deposit in a bank or similar organization
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Other Words From
- nonde·posi·tor noun
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Word History and Origins
Origin of depositor1
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Example Sentences
No depositor lost a single penny in insured deposits, despite the worst banking crisis since the early 1930s.
Unless the maker of a note is insolvent, a bank can never pay the unmatured note of a depositor.
The grain in the elevator may be delivered many times before a particular depositor makes his demand.
Each depositor thus retains title to some portion of the grain in the elevator.
That person is to be considered the depositor on whose behalf the deposit is made.
The Depositor (Payer) is bound before leaving the office to examine the entries sufficiently so as to see that they are correct.
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