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

Man-Yee Lee, spokesperson for the depository, said drills are important, but their approach to recalls is to be preventive rather than reactive. —Vivian La, Chicago Tribune, 17 Oct. 2024

Last year’s initiative by the Stock Exchange of Thailand and Singapore Exchange to allow investors to access securities traded in either exchange via a depository receipt is a good start. —Shawn Tully, Fortune Asia, 9 Oct. 2024

But as of March 2020, the Federal Reserve in the U.S. set reserve requirements to zero for all depository institutions. —D. Scott Kenik, Forbes, 8 Oct. 2024

Of course, the platform has significant competition from the likes of Roku and Tubi, which have depositories of Asian content, and more obviously direct rivals such as Kocowa. —Sara Merican, Deadline, 17 July 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