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 The company’s American depositary receipts jumped as much as 7.9% in U.S. over-the-counter trading Thursday. Eyk Henning, Bloomberg.com, "Thyssen to Sell Elevators in $19 Billion Private-Equity Deal," 15 May 2020 Latin America’s biggest wireless operator by subscribers, controlled by billionaire Carlos Slim, reported a net loss of 29.4 billion Mexican pesos ($1.2 billion), equivalent to 45 Mexican cents a share or $0.45 per American depositary receipt. Anthony Harrup, WSJ, "America Movil Swings to First-Quarter Loss on Foreign Exchange," 29 Apr. 2020 Both Nikkei news and Kyodo wrote about the talks late Wednesday, driving Line’s U.S.-listed depositary receipts up more than 26%. Tim Culpan | Bloomberg, Washington Post, "Line Would Be Lucky to Find a Suitor, Even Yahoo," 14 Nov. 2019 As of Wednesday’s close, its global depositary receipts had climbed 17% from the offer price. Washington Post, "Shanghai’s Star May Fade Quickly," 18 Sep. 2019 Under American law, all buyers of Nissan securities listed in the United States, called American depositary receipts, could be automatically included. Ben Dooley, New York Times, "Nissan Got Rid of Carlos Ghosn. The Way It Did So May Prove Costly.," 26 Aug. 2019 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

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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Time Traveler for depositary

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The first known use of depositary was in 1605

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Cite this Entry

“Depositary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/depositary. Accessed 10 Aug. 2020.

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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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