noun a person or institution to whom something is entrusted or deposited for safekeeping
adjective relating to or acting as a depositary
In real estate transactions, a depositary may refer to an escrow agent or a party responsible for holding earnest money deposits.
In legal contexts, a depositary refers to a person or entity entrusted with the safekeeping of documents, funds, or other valuable items.
A depositary is a financial institution that holds securities and other assets on behalf of investors.
In international treaties or agreements, a depositary is often designated as the entity responsible for receiving and keeping the original copies of the documents.
In the financial industry, a depositary is a financial institution that holds and safeguards assets for investors in collective investment schemes such as mutual funds and exchange-traded funds.
In psychology, a depositary refers to a person or entity that is the recipient of unconscious thoughts, feelings, or desires during the process of psychoanalysis.
In legal contexts, a depositary may refer to a person or entity entrusted with holding or managing legal documents, funds, or assets on behalf of clients or parties involved in a legal matter.
In banking, a depositary is a financial institution that accepts and holds deposits from customers, as well as providing other financial services such as loans, investment management, and payment processing.