depositary

depositary
Acting as the trusted recipient of a deposit

The hospital was the depositary institution of our monies.

2. noun
a) One that receives a deposit in trust
b) A place where deposits are kept

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Synonyms:

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  • depositary — de·pos·i·tary /di pä zə ˌter ē/ n pl tar·ies: an individual or entity (as a business organization) that holds a deposit the depositary ought to restore the precise object which he received Louisiana Civil Code; also: depository Merriam Webster’s… …   Law dictionary

  • depositary — depositary, depository A depositary is a person or authority to whom something is entrusted, a trustee. A depository is (1) a storage place for furniture, books, etc., and (2) a source (normally a book or suchlike, occasionally a person) of… …   Modern English usage

  • Depositary — De*pos i*ta*ry, n.; pl. {Depositaries}. [L. depositarius, fr. deponere. See {Deposit}.] 1. One with whom anything is lodged in the trust; one who receives a deposit; the correlative of depositor. [1913 Webster] I . . . made you my guardians, my… …   The Collaborative International Dictionary of English

  • depositary — (also depository) ► NOUN (pl. depositaries) ▪ a person to whom something is entrusted …   English terms dictionary

  • depositary — [dē päz′ə ter΄ē, dipäz′ə ter΄ē] n. pl. depositaries [LL depositarius < L depositum: see DEPOSIT] 1. a person, firm, etc. entrusted with something for safekeeping; trustee 2. a storehouse; depository …   English World dictionary

  • depositary — An agent appointed for a tender or exchange offer who accepts certificates from shareholders, processes them and assures that the appropriate cash or new securities are properly remitted to the tendering party. Bloomberg Financial Dictionary * *… …   Financial and business terms

  • depositary — See depositary, depository …   Dictionary of problem words and expressions

  • depositary — /dɪ pɒzɪtəri/ noun US a person or corporation which can place money or documents for safekeeping with a depository. ⇒ American Depositary Receipt (NOTE: Do not confuse with depository.) …   Dictionary of banking and finance

  • depositary — The party or institution (e.g. bank or trust company) receiving a deposit. One with whom anything is lodged in trust, as depository is the place where it is put. A trustee; fiduciary; one to whom goods are bailed to be held without recompense.… …   Black's law dictionary

  • depositary — The party or institution (e.g. bank or trust company) receiving a deposit. One with whom anything is lodged in trust, as depository is the place where it is put. A trustee; fiduciary; one to whom goods are bailed to be held without recompense.… …   Black's law dictionary

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