Pronunciation: /dɪˈpɑzɪˌteri/
noun a person or institution to whom something is entrusted or deposited for safekeeping
A1 The bank serves as a depositary for customers' savings.
A2 The museum acts as a depositary for valuable artifacts.
B1 The company appointed a depositary to handle the secure storage of important documents.
B2 The depositary is responsible for overseeing the safekeeping of the funds entrusted to them.
C1 The depositary institution must adhere to strict regulations regarding the handling of clients' assets.
C2 The depositary plays a crucial role in maintaining the integrity and security of financial transactions.
adjective relating to or acting as a depositary
A1 The bank has a secure depositary for customers' valuables.
A2 She kept her important documents in a depositary box at the post office.
B1 The museum serves as a depositary for priceless works of art.
B2 The company chose a reputable depositary for handling their financial transactions.
C1 The trust company acts as a depositary for various investment funds.
C2 The central bank serves as the depositary for the country's gold reserves.
formal The bank serves as the depositary for all the valuable items in the safety deposit boxes.
informal I trust my sister to be the depositary of our family heirlooms.
slang Yo, can you be the depositary for the cash we collected from the party?
figurative The library is the depositary of knowledge, preserving it for future generations.
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