depositor

[dih-poz-i-ter]

noun

1. a person or thing that deposits.

2. a person who deposits money in a bank or who has a bank account.

depositor

/ dɪˈpɒzɪtə /

noun

1. a person who places or has money on deposit in a bank or similar organization

Other Word Forms

• nondepositor noun

Word History and Origins

Origin of depositor¹

1555–65; < Late Latin, equivalent to Latin dēposi-, variant stem of dēpōnere ( depone ) + -tor -tor

Example Sentences

Lloyds said "repossession is always a last resort" but it is "required in the interests of depositors and shareholders to protect its security when loans are defaulted upon".

From BBC

On Jan. 14, for instance, the bureau sued Capital One for allegedly misleading depositors about the interest rates they were entitled to on their accounts.

From Los Angeles Times

Restrictions were placed on what bankers could do with depositors’ money.

From Salon

According to the FDIC, “no depositor has lost a penny” since the agency was founded in 1933.

From Salon

A jury found that Bankman-Fried illegally used money from FTX depositors to cover his expenses, which included purchasing luxury properties in the Caribbean, alleged bribes to Chinese officials and private planes.

From Seattle Times