depository

American  

[dih-poz-i-tawr-ee, -tohr-ee] / dɪˈpɒz ɪˌtɔr i, -ˌtoʊr i /

noun

plural

depositories

1. a place where something is deposited or stored, as for safekeeping.

   the night depository of a bank.

2. a depositary; trustee.

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adjective

1. of or relating to a depository or depositories.

   the depository role of a bank.

depository British  

/ -trɪ, dɪˈpɒzɪtərɪ /

noun

1. a store, such as a warehouse, for furniture, valuables, etc; repository

2. a variant spelling of depositary

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Other Word Forms

• nondepository adjective
• predepository noun
• subdepository noun

Etymology

Origin of depository

1650–60; depository ( def. 1 ) < Medieval Latin dēpositōrium; depository ( def. 2 ) deposit + -ory ¹ (noun use of adj. suffix)

Example Sentences

The Commission said there are currently 14 central counterparties and 32 central securities depositories operating in the EU.

From The Wall Street Journal

Two thirds of that money was sitting Belgian financial intermediary Euroclear, a security depository holding billions in assets for its clients.

From The Wall Street Journal

Neither Euroclear nor EU countries want to be seen as unreliable depositories of foreign wealth.

From BBC

The issue is the nature of the credit itself, as nonfinancial depository institution loans, or NFDIs, can be murky, funding less-transparent borrowers like hedge funds for their own financial activities.

From Barron's

Luckey and his collaborators plan to focus the bank’s business on loans and depository services to much of the same clientele as Silicon Valley Bank, according to people familiar with the matter.

From The Wall Street Journal

Related Words

• cache
• repository
• storehouse