Depository

On the simplest level, depository is used to refer to any place where something is deposited for storage or security purposes. More specifically, it can refer to a company, bank or an institution that holds and facilitates the exchange of securities. Or a depository can refer to a depository institution that is allowed to accept monetary deposits from customers.

Central security depositories allow brokers and other financial companies to deposit securities where book entry and other services can be performed, like clearance, settlement and securities borrowing and lending.


Investment dictionary. . 2012.

Synonyms:

Look at other dictionaries:

  • depository — de·pos·i·to·ry /di pä zə ˌtōr ē/ n pl ries 1: a place where something is deposited esp. for safekeeping night depository; specif: a bank chosen for the depositing of government funds 2: depositary Merri …   Law dictionary

  • Depository — De*pos i*to*ry ( t[ o]*r[y^]), n.; pl. {Depositories} ( r[i^]z). 1. A place where anything is deposited for sale or keeping; as, warehouse is a depository for goods; a clerk s office is a depository for records. [1913 Webster] 2. One with whom… …   The Collaborative International Dictionary of English

  • depository — place where things are deposited, 1750, from M.L. depositorium, from deposit , pp. stem of L. deponere (see DEPOSIT (Cf. deposit)) …   Etymology dictionary

  • depository — [n] storage place archive, arsenal, bank, bunker, cache, collection, depot, gallery, magazine, museum, repertory, repository, safe, safe deposit box, store, storehouse, tomb, vault, warehouse; concept 435 …   New thesaurus

  • depository — ► NOUN (pl. depositories) 1) a place where things are stored. 2) variant spelling of DEPOSITARY(Cf. ↑depositary) …   English terms dictionary

  • depository — [dē päz′ə tôr΄ē, dipäz′ə tôr΄ē] n. pl. depositories [LL depositorium: see DEPOSIT] 1. a place where things are put for safekeeping; storehouse 2. a trustee; depositary …   English World dictionary

  • depository — Institution responsible for safekeeping securities and ensuring that the decisions made by fund managers are lawful. A depository can delegate some of its functions, notably the safekeeping function, on a contractual basis to another institution… …   Financial and business terms

  • depository — /di poz i tawr ee, tohr ee/, n., pl. depositories. 1. a place where something is deposited or stored, as for safekeeping: the night depository of a bank. 2. a depositary; trustee. adj. 3. of or pertaining to a depository or depositories: the… …   Universalium

  • depository — [[t]dɪpɒ̱zɪtəri[/t]] depositories N COUNT A depository is a place where objects can be stored safely. They have 2,500 tons of paper stored in their depository …   English dictionary

  • depository — UK [dɪˈpɒzɪt(ə)rɪ] / US [dɪˈpɑzɪˌtɔrɪ] noun [countable] Word forms depository : singular depository plural depositories a place where something is stored …   English dictionary

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