depositary
/di'pɔzitəri/
Học thuậtThân thiện
Definition
- Noun:
- A facility where things can be deposited for storage or safekeeping: A depositary is a place, such as a bank, vault, or warehouse, designed to hold items securely for a period of time. It implies a formal or institutional role in safekeeping.
Usage and Examples
- Noun:
- The bank acts as a depositary for the family's valuable documents and jewelry.
- The museum's depositary holds thousands of artifacts not currently on display.
- The contract designated the law firm as the depositary for the escrow funds.
Advanced Usage
- Legal/Financial Context: In finance, a "depositary" can be an institution that holds securities (like stocks or bonds) to facilitate trading and ownership transfers, often referred to as a "depositary bank" or "custodian."
- Shares of the foreign company are held by a U.S. depositary in the form of American Depositary Receipts (ADRs).
- Person as Depositary: While less common in modern general usage, "depositary" can historically refer to the person entrusted with the safekeeping of something, synonymous with a "trustee" or "bailee."
- He was named depositary of the secret treaty.
Variants and Related Words
- Depository (n): This is a more common synonym for "depositary" when referring to a storage facility. The terms are often used interchangeably, though "depository" is slightly more frequent.
- The library is a depository for government publications.
- Deposit (v/n): The action of placing something into a depositary, or the item placed.
- Custodian (n): A person or institution that guards or maintains something; a keeper.
- Repository (n): A place where things are stored, often used for information or collections (e.g., data repository).
Synonyms
- Vault: A secure room for safekeeping valuables.
- Warehouse: A large building for storing goods.
- Safe-deposit box: A secure container in a bank vault.
- Custodian: An entity responsible for protection.
Notes on Usage
- "Depositary" vs. "Depository": In everyday language, "depository" is often preferred for a physical storage place. "Depositary" is frequently used in specific legal, financial, or formal contexts, especially when referring to the responsible entity rather than just the location.
- The word is formal. In casual conversation, people might simply say "storage place" or "bank vault."
Noun
- a facility where things can be deposited for storage or safekeeping