Depositary vs. Depository

Depositary vs. Depository — Is There a Difference?
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Difference Between Depositary and Depository

Depositaryadjective

Acting as the trusted recipient of a deposit

The hospital was the depositary institution of our monies.

Depositorynoun

A place where something is deposited, as for storage, safekeeping, or preservation; a repository.

Depositarynoun

One who receives a deposit in trust

Depositorynoun

A trustee; a depositary.

Depositarynoun

A place where deposits are kept

Depositorynoun

a facility where things can be deposited for storage or safekeeping

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