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depository

noun

de·​pos·​i·​to·​ry di-ˈpä-zə-ˌtȯr-ē How to pronounce depository (audio)
plural depositories
1
: depositary sense 1
a depository of ancient tradition
2
: a place where something is placed or deposited especially for safekeeping
a book depository
a depository for government funds

Example Sentences

The bank is used as a depository for government funds.
Recent Examples on the Web After purchasing precious metals, their representative and your custodian will facilitate safe and secured shipping of your coins or metals with your preferred depository. Laxmi Corp, The Salt Lake Tribune, 12 July 2022 Segregated storage is a locker system used to segregate silver from other precious metals within the depository. Regal Assets, The Salt Lake Tribune, 17 Feb. 2022 The International Disaster Database—the biggest disaster data depository in the world—attempts to register every catastrophe around the globe using reports from sources ranging from the press to insurance companies to United Nations agencies. Bjorn Lomborg, WSJ, 3 Nov. 2021 In addition, you will be assisted by experts to find the best-fitting precious metal investment and trusted depository. Laxmi Corp, The Salt Lake Tribune, 12 July 2022 Its preferred depository is the Delaware Depository, an IRC-408n authorized IRS storage and is insured by Lloyds of London for $1 billion. Laxmi Corp, The Salt Lake Tribune, 5 July 2022 Shares of Pfizer rose 1.1% at 10:09 a.m. in New York on Monday, while BioNTech’s American depository receipts were flat. Riley Griffin, Fortune, 23 May 2022 Investors should be aware that the 13F filings do not give a complete picture of a firm’s holdings as the reports only include its positions in U.S. stocks and American depository receipts, but the reports can still provide valuable information. Gurufocus, Forbes, 17 May 2022 The Patriot Roundup Flynn attended was a half-mile from the book depository where Lee Harvey took aim at his second target. Matt Farwell, The New Republic, 30 Nov. 2021 See More

Word History

Etymology

see deposit entry 1

First Known Use

1656, in the meaning defined at sense 1

Time Traveler
The first known use of depository was in 1656

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