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depositary Definition

de·posi·tary (dē päzə ter′ē, di-)

noun pl. -·tar′·ies

  1. a person, firm, etc. entrusted with something for safekeeping; trustee
  2. a storehouse; depository

Etymology: LL depositarius < L depositum: see deposit

depositary Usage Examples

Preposition: of

  • convention: The States which have concluded such an agreement shall transmit a copy to the depositary of the Convention.

Modifies a noun

  • receipt: The shares will have to be bought back at the market price of the company's global depositary receipts or less.
  • state: On October the 30 th, 1992 the instrument of ratification was granted to the Netherlands, which is a depositary state.
  • government: Britain had several important hats, as a depositary government, President of the EU and Chair of the Nuclear Suppliers Group.
  • issue: The LSE provides the markets and means of raising capital for UK and international companies through equity, debt and depositary receipt issues.