depositary

noun

de·​pos·​i·​tary di-ˈpä-zə-ˌter-ē How to pronounce depositary (audio)
plural depositaries
1
: a person to whom something is entrusted
2

Example Sentences

Recent Examples on the Web The Swiss pharmaceutical company said Thursday that Sandoz would be based in Switzerland and listed on the SIX Swiss Exchange, with an American depositary receipt program in the U.S. Mauro Orru, WSJ, 25 Aug. 2022 News of the restructuring and Q3 results caused Credit Suisse’s American depositary receipts to plunge by more than 19% Thursday. Byluisa Beltran, Fortune, 27 Oct. 2022 Moreover, there are concerns regarding the potential delisting of Chinese American depositary receipts (ADRs), given the dispute between the U.S. SEC and China relating to the auditing compliance of Chinese companies listed on U.S. exchanges. Trefis Team, Forbes, 27 May 2022 Shares of Chinese internet and technology companies jumped in Hong Kong on the last day of the year, following a surge in their corresponding American depositary receipts overnight. Michael Wursthorn, WSJ, 31 Dec. 2021 Didi’s American depositary receipts plunged 24% over the period as China’s Internet regulator opened a security review and then ordered stores to remove the Didi app. Fortune, 7 July 2021 Trading volumes of American depositary receipts that track VW’s ordinary shares (VWAGY) have surged, as have Google search volumes for the VWAGY ticker. Stephen Wilmot, WSJ, 24 Mar. 2021 The company’s American depositary receipts jumped as much as 7.9% in U.S. over-the-counter trading Thursday. Eyk Henning, Bloomberg.com, 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, 29 Apr. 2020 See More

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.

Word History

First Known Use

1605, in the meaning defined at sense 1

Time Traveler
The first known use of depositary was in 1605

Dictionary Entries Near depositary

Cite this Entry

“Depositary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/depositary. Accessed 3 Dec. 2022.

Legal Definition

depositary

noun

de·​pos·​i·​tary di-ˈpä-zə-ˌter-ē How to pronounce depositary (audio)
plural depositaries
: an individual or entity (as a business organization) that holds a deposit
the depositary ought to restore the precise object which he received Louisiana Civil Code
also : depository

More from Merriam-Webster on depositary

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