depository Definition
a place where things are stored, especially large amounts of money.
Using depository: Examples
Take a moment to familiarize yourself with how "depository" can be used in various situations through the following examples!
Example
The bank serves as a depository for the city's funds.
Example
The library is a depository of rare books and manuscripts.
Example
The museum has a depository of artifacts from ancient civilizations.
depository Synonyms and Antonyms
Synonyms for depository
Phrases with depository
a secure drop box outside a bank where customers can deposit checks or cash after hours
Example
I missed the bank's operating hours, so I used the night depository to deposit my paycheck.
a financial instrument that represents ownership of shares in a foreign company held by a bank in the investor's home country
Example
The depository receipt allows investors to trade shares in foreign companies without having to deal with foreign exchanges.
Federal Depository Library Program
a program that provides free access to government publications to the public through designated libraries across the United States
Example
The Federal Depository Library Program ensures that citizens have access to important government information.
Origins of depository
from Latin 'depositum', meaning 'something deposited'
Summary: depository in Brief
The term 'depository' [dɪˈpɑːzɪtəri] refers to a place where things are stored, especially large amounts of money. Examples include banks serving as a depository for city funds, libraries as a depository of rare books and manuscripts, and museums as a depository of artifacts from ancient civilizations. Phrases like 'night depository' and 'depository receipt' denote specific contexts, while the 'Federal Depository Library Program' ensures public access to government publications.
