depository

noun

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

Examples of depository in a Sentence

The bank is used as a depository for government funds.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The depository has advanced security measures, around-the-clock monitoring, secure access controls and a security team made up of armed former law enforcement and military personnel, the company said in a news release. Elena Gastaldo, Idaho Statesman, 13 Aug. 2025 There are three legal pathways to issue these tokens: Bank subsidiaries: Insured depository institutions can create subsidiaries dedicated to stablecoin issuance. Christer Holloman, Forbes.com, 12 Aug. 2025 Other sources of income include interest on foreign currency investments held by the Fed; fees for services like check clearing, funds transfers, and clearinghouse operations provided to depository institutions; and interest on loans to depository institutions. Shawn Tully, Fortune, 26 July 2025 Jumbo rates were lower than conventional rates for the third straight week, as some depositories may be positioning themselves for growth in balance sheet lending, according to Kan. Applications to refinance a home loan dropped 7% for the week and were 25% higher than the same week one year ago. Diana Olick, CNBC, 16 July 2025 See All Example Sentences for depository

Word History

Etymology

see deposit entry 1

First Known Use

1656, in the meaning defined at sense 1

Time Traveler
The first known use of depository was in 1656

Cite this Entry

“Depository.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/depository. Accessed 8 Sep. 2025.

Kids Definition

depository

noun
de·​pos·​i·​to·​ry di-ˈpäz-ə-ˌtōr-ē How to pronounce depository (audio)
-ˌtȯr-
plural depositories
: a place where something is deposited especially for safekeeping

Legal Definition

depository

noun
de·​pos·​i·​to·​ry di-ˈpä-zə-ˌtōr-ē How to pronounce depository (audio)
plural depositories
1
: a place where something is deposited especially for safekeeping
night depository
specifically : a bank chosen for the depositing of government funds
2

More from Merriam-Webster on depository

Last Updated: - Updated example sentences
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