depositary

noun
de·pos·i·tary | \ di-ˈpä-zə-ˌter-ē \
plural depositaries

Definition of depositary 

1 : a person to whom something is entrusted

Examples of depositary in a Sentence

Recent Examples on the Web

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 Nintendo’s stock looks relatively affordable despite its recent gains, with its American depositary receipt trading at a price-to-earnings ratio that’s less than half its five-year average. Lucinda Shen, Fortune, "Why Sony and Nintendo Stocks Could Rack Up Higher Scores," 19 Jan. 2018 The stock jumped as much as 65 percent in New York and was trading up 39 percent to $12.50 at 10:54 a.m. LexinFintech raised $108 million after pricing 12 million American depositary shares at $9 apiece, according to a statement Thursday. Crystal Tse, Bloomberg.com, "LexinFintech Raises $108 Million in Downsized U.S. IPO," 21 Dec. 2017 Teva’s American depositary receipts rose 10 percent Dec. 14 in New York and 8 percent the following day. Jonathan Ferziger, Bloomberg.com, "Netanyahu Vows to Help Buffer Teva Workers From Turnaround Plan," 17 Dec. 2017 Shell’s American depositary receipts have risen by 12.5%, while Total and BP’s U.S. shares have seen modest gains. Sarah Kent, WSJ, "Profits Jump at Exxon, Chevron, Total," 27 Oct. 2017

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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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 \
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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