A bank or company which holds funds or securities deposited by others, and where exchanges of these securities take place.

Use depository in a sentence

The old man was informed that the bank had no evidence to prove that had in fact used the depository earlier that day.

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The depository had a relationship with the firm that spans over fifty years as much history exists between the company and the bank.

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You can be assured that the depository that I have visited is a neutral, secure, and reputable location to handle security deposits of any amount.

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guilder share deposit-taking institution