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 River City, which is designated a community development financial institution and a minority depository institution, primarily has been making PPP loans to sole proprietors and independent contractors. Patrick Danner, ExpressNews.com, "San Antonio financial institutions making PPP loans once again," 14 Jan. 2021 American depository receipts for Jumia, which operates an e-commerce company focused on markets in Africa, ended the day priced at $46.86, up more than 8%. Micah Maidenberg, WSJ, "Jumia Shares Notch Third Straight Day of Gains," 14 Jan. 2021 The measure provides $12 billion specifically for very small businesses and minority depository institutions. Grace Segers, CBS News, "What's in the $900 billion coronavirus relief bill passed by Congress?," 23 Dec. 2020 The apparent replenishment of the depository over much of the past year comes less than four years after Iran pledged to have transferred out some 97% of its uranium fuel in adherence to the JCPOA. Hollie Mckay, Fox News, "Where does Iran's nuclear weapons program stand now?," 3 Dec. 2020 The food depository is emphasizing social distancing and mask or face coverings for their volunteers, who help pack and distribute food to the organization’s 700 partners throughout the county. Christen A. Johnson, chicagotribune.com, "Holiday volunteering will look a lot different this year due to COVID-19. Here are ways you can still help — in person or virtually.," 27 Nov. 2020 The fire was discovered Sunday evening in Baldwin Park, a city of about 75,000 people in the southern part of the state, when smoke was seen billowing from the depository, according to CBS Los Angeles. Zachary Halaschak, Washington Examiner, "Arson investigation underway in California after dozens of ballots damaged in drop box fire," 19 Oct. 2020 Black Americans are twice as likely to be denied mortgage loans by traditional banks, but minority depository institutions have a better track record of lending to non-White individuals. Chauncey Alcorn Cnn Business, CNN, "Killer Mike's new Black-owned bank receives 'tens of thousands' of account requests in less than 24 hours," 10 Oct. 2020 In Palm Beach County, Supervisor of Elections Wendy Sartory Link said, the library staff called the voter to pick up the ballot left in the depository. Anthony Man, sun-sentinel.com, "Some Florida voters trying to drop off mail ballots at early voting sites that aren’t yet open," 9 Oct. 2020

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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Time Traveler for depository

Time Traveler

The first known use of depository was in 1656

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Statistics for depository

Last Updated

22 Jan 2021

Cite this Entry

“Depository.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/depository. Accessed 25 Jan. 2021.

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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

More from Merriam-Webster on depository

Thesaurus: All synonyms and antonyms for depository

Nglish: Translation of depository for Spanish Speakers

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