depositary

[US]/dɪˈpɒzɪtəri/
[UK]/dɪˈpɑːzɪtəri/
Frequency: Very High

Translation

n.one who receives and holds something in trust; storage place or facility; custodian or trustee; repository or warehouse
Word Forms

Phrases & Collocations

depositary receipt

depositary services

depositary bank

depositary agreement

depositary institution

depositary function

depositary assets

depositary role

depositary claims

depositary obligations

Example Sentences

the depositary is responsible for safeguarding the assets.

she served as the depositary for the important documents.

investors often rely on a trusted depositary.

the depositary issued a report on the fund's performance.

they appointed a depositary to manage their investments.

the depositary must comply with regulatory requirements.

the role of a depositary is crucial in financial transactions.

a reliable depositary can enhance investor confidence.

the depositary holds the securities on behalf of the clients.

we need to verify the credentials of the depositary.

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