depositary

noun
de·​pos·​i·​tary | \ di-ˈpä-zə-ˌter-ē How to pronounce depositary (audio) \
plural depositaries

Definition of depositary

1 : a person to whom something is entrusted

Examples of depositary in a Sentence

Recent Examples on the Web

Telefonica Brasil’s American depositary receipts are registered with the SEC and traded on the New York Stock Exchange. Mengqi Sun, WSJ, "Telefonica Brasil Pays $4.1 Million Fine in World Cup Ticket Case," 10 May 2019 Jumia earlier raised $196 million with the sale of 13.5 million American depositary receipts at $14.50 each. John Bowker, The Seattle Times, "Jumia surges on U.S. debut as Africa’s Amazon goes public," 12 Apr. 2019 The net profit was equivalent to 14 Mexican centavos a share, or 15 U.S. cents per American depositary receipt. Anthony Harrup, WSJ, "América Móvil Swings to Profit in Fourth Quarter," 12 Feb. 2019 Takeda’s American depositary receipts are down about 35% this year, largely because of concerns that the company is taking on too much debt. Charley Grant, WSJ, "Too Cheap to Fail: Big Pharma Deal Presents Enticing Value," 3 Dec. 2018 American depositary receipts for JinkoSolar Holding Co., the Chinese company that’s the biggest publicly trader solar company, are down almost 20 percent. Chris Martin, Bloomberg.com, "China's Solar Cutback Wiping Out Trump Bump for First Solar," 6 June 2018 GW Pharma’s American depositary receipts rose 4.5 percent to $126 in early trading in New York. Fortune, "Epilepsy Drug Made From Marijuana Plant Gets Backing From FDA Staff," 17 Apr. 2018 Dozens of Chinese companies that are listed on the NYSE or Nasdaq have American depositary receipt programs typically administered by large banks. Liza Lin, WSJ, "Chinese Tech Titan Alibaba Plans Stock-Market Homecoming," 15 Mar. 2018 BYMA’s Caja de Valores unit is its main source of revenue and acts as Argentina’s central depositary of public bonds and private securities. Bloomberg.com, "Brazil Hedge Funds Take Stake in Operator of Argentina's Stock Exchange," 8 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'depositary.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of depositary

1605, in the meaning defined at sense 1

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Last Updated

23 Jun 2019

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The first known use of depositary was in 1605

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More Definitions for depositary

depositary

noun
de·​pos·​i·​tary | \ di-ˈpä-zə-ˌter-ē How to pronounce depositary (audio) \
plural depositaries

Legal Definition of depositary

: an individual or entity (as a business organization) that holds a deposit the depositary ought to restore the precise object which he receivedLouisiana Civil Code also : depository

More from Merriam-Webster on depositary

Nglish: Translation of depositary for Spanish Speakers

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