depository

noun
de·​pos·​i·​to·​ry | \ di-ˈpä-zə-ˌtȯr-ē How to pronounce depository (audio) \
plural depositories

Definition of depository

1 : depositary sense 1 a depository of ancient tradition
2 : a place where something is placed or deposited especially for safekeeping a book depository a depository for government funds

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Examples of depository in a Sentence

The bank is used as a depository for government funds.

Recent Examples on the Web

Covering all of America’s 10,000 banks and other depository institutions will take even longer. The Economist, "The Fed says it will build a real-time interbank payments system," 10 Aug. 2019 Garbage Thursday: No collections; all Houston Solid Waste Management Department facilities, neighborhood depositories, Westpark Recycling Center, Reuse Warehouse closed. Houston Chronicle, "Government offices, courts closed Thursday for Independence Day," 3 July 2019 They are also often used as depositories for spare cash. The Economist, "Why everybody is concerned about corporate-bond liquidity," 11 July 2019 Their claim, published in scientific paper depository arXiv, which moderates papers but does not offer peer review, was met with intrigue and skepticism. David Grossman, Popular Mechanics, "Scientists Say They've Finally Made Metallic Hydrogen," 26 June 2019 Our nation’s central bank should not be coercing private-sector banks to maintain sterile depository accounts at Federal Reserve district banks rather than make loans to small and medium-sized businesses—to the entrepreneurs who create jobs. Tunku Varadarajan, WSJ, "Trump, the Fed, and Interest Rates," 28 June 2019 He who defines personal identity—that is to say, me—as the private possession of some depository of memories is mistaken. Ryu Spaeth, The New Republic, "Aleksandar Hemon’s Lost Eden," 6 June 2019 Fund are placed into a central depository before being dispersed. Chris Sims, Indianapolis Star, "Here's everything you need to know about the $530M Mega Millions lottery drawing," 24 May 2019 Last year, Beijing wanted to lure Chinese tech companies to list in the mainland by issuing Chinese depository receipts dubbed CDR, akin to the ADRs and GDRs used to facilitate global companies in New York and London. Jacky Wong, WSJ, "Irrational Exuberance Endangers China’s Nasdaq," 3 Apr. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'depository.' 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 depository

1656, in the meaning defined at sense 1

History and Etymology for depository

see deposit entry 1

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Statistics for depository

Last Updated

20 Aug 2019

Look-up Popularity

Time Traveler for depository

The first known use of depository was in 1656

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More Definitions for depository

depository

noun
de·​pos·​i·​to·​ry | \ di-ˈpä-zə-ˌtōr-ē How to pronounce depository (audio) \
plural depositories

Legal Definition of depository

1 : a place where something is deposited especially for safekeeping night depository specifically : a bank chosen for the depositing of government funds

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More from Merriam-Webster on depository

Rhyming Dictionary: Words that rhyme with depository

Thesaurus: All synonyms and antonyms for depository

Spanish Central: Translation of depository

Nglish: Translation of depository for Spanish Speakers

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