depository

noun

de·​pos·​i·​to·​ry di-ˈpä-zə-ˌtȯr-ē 

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

Synonyms

• depot
• magazine
• repository
• storage
• storehouse
• warehouse

Examples of depository in a Sentence

The bank is used as a depository for government funds.

Recent Examples on the Web

Owning physical gold—coins, bars, or rare pieces—offers tangible exposure but brings its own complexities: Storage and Security: Physical gold requires secure storage, often in a safe or specialized depository, along with appropriate insurance coverage. —Bymatthew F. Erskine, Forbes, 26 Nov. 2024

There’s still no permanent depository for the waste from the reactors. —Judith Kohler, The Denver Post, 25 Nov. 2024

The bank did, in fact, have sufficient assets on hand to meet its depository requirements. —Brady Dale, Axios, 5 Nov. 2024

The Trust's assets are held by a single depository, which increases potential loss risk. —Quartz Bot, Quartz, 7 Nov. 2024

Word History

Etymology

see deposit entry 1

First Known Use

1656, in the meaning defined at sense 1

Phrases Containing depository

• depository library
• night depository

Kids Definition

depository

noun

de·​pos·​i·​to·​ry di-ˈpäz-ə-ˌtōr-ē 

-ˌtȯr-

plural depositories

: a place where something is deposited especially for safekeeping

Legal Definition

depository

noun

de·​pos·​i·​to·​ry di-ˈpä-zə-ˌtōr-ē 

plural depositories

1

: a place where something is deposited especially for safekeeping

night depository

specifically : a bank chosen for the depositing of government funds

2

: depositary