depository

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Related to bank depository: Depositary bank

Depository

The place where a deposit is placed and kept, e.g., a bank, savings and loan institution, credit union, or trust company. A place where something is deposited or stored as for safekeeping or convenience, e.g., a safety deposit box.

This term should not be confused with depositary, which is the person or institution taking responsibility for the deposit, rather than the place itself.

U. S. depositories are banks selected and designated to receive deposits of the public funds (e.g., taxes) of the United States.

depository

noun apotheca, archives, bunker, cache, catchall, coffer, collection, container, depot, hold, holder, magazine, place for safe keeping, place of deposit, receptaculum, repertory, repository, reservoir, safe, safeeeposit box, storage, store, storehouse, vault, warehouse
Associated concepts: depository box, legal depository, reservoir
See also: arsenal, bank, cache, catchall, repository, reserve, store
References in periodicals archive ?
For more information on buying Triodos Bank depository receipts investors should visit http://www.
Tenders are invited for RFP - Bank Depository Services and Merchant Services