depository

noun

de·​pos·​i·​to·​ry di-ˈpä-zə-ˌtȯr-ē 

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

Synonyms

• depot
• magazine
• repository
• storage
• storehouse
• warehouse

Examples of depository in a Sentence

The bank is used as a depository for government funds.

Recent Examples on the Web

The Trust's assets are held by a single depository, which increases potential loss risk. —Quartz Bot, Quartz, 7 Nov. 2024

The museum is also a depository of Hamilton archives. —Anthony Demarco, Forbes, 1 Nov. 2024

That coalition of 24 companies committed more than $3 billion in capital to community development financial institutions (CDFIs) and minority depository institutions (MDIs). —Gayle Jennings, Fortune, 30 Oct. 2024

Man-Yee Lee, spokesperson for the depository, said drills are important, but their approach to recalls is to be preventive rather than reactive. —Vivian La, Chicago Tribune, 17 Oct. 2024

Word History

Etymology

see deposit entry 1

First Known Use

1656, in the meaning defined at sense 1

Phrases Containing depository

• depository library
• night depository

Kids Definition

depository

noun

de·​pos·​i·​to·​ry di-ˈpäz-ə-ˌtōr-ē 

-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 

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

: depositary