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Bookmark or Share- Depository - Overview, Functions, Types of InstitutionsA Depository refers to a place or entity that holds financial securities in a dematerialized form. A bank, organization, or any institution holding and assisting in security trading is referred to as a depository. Depository accounts hold securities in the same way that bank accounts hold funds.
- Depository - Overview, Functions, Types of InstitutionsA depository is a facility or institution where something is deposited for storage or safeguarding, such as a building, office, or warehouse. Depositories are organizations, banks, or institutions that hold securities and facilitate securities trading.
- DEPOSITORY | English meaning - Cambridge Dictionarya place where money or official documents can be stored safely: The documents are currently in a depository in Minnesota. COMMERCE. a place where goods can be safely stored to be collected later: Trucks unloaded cargo at the depository's rear loading docks.
- What Is a Depository Institution? | SoFiA depository institution, to put it most simply, is a financial institution into which consumers can deposit funds and where they will be safely held. Keep reading for more insight into what depository institutions are, including: • What is a depository institution? • How do depository institutions work?
- Depository Definition & Meaning - Merriam-Webster1. : 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. See all Synonyms & Antonyms in Thesaurus. Examples of depository in a Sentence.
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