Depository Definition

You are seeing definition of Depository in Banking Terms Dictionary

Maybe this is not completely definition of Depository but this is the best definition of Depository at this time that we found. In future, this definition of Depository can be modified, please visit our Banking Terms Dictionary more frequently to get latest information.

Home » Banking Terms Dictionary » Depository

Definition Of Depository:

On the simplest level, depository is used to referto any place where something is deposited for storage or security purposes.
More specifically, itcan refer toa company, bank or an institution that holdsand facilitates the exchange of securities. Ora depository can refer to a depositoryinstitution that is allowed to accept monetary deposits from customers.Central security depositories allow brokers and other financial companies to deposit securities wherebook entryand other services can be performed,like clearance, settlement and securities borrowing and lending.

Other Definition Of Banking Terms:

For your more easier in looking up our financial terms dictionary, we classified definitions of financial terms in several types. Please select one type below:
Deposit | Cost | Insurance | Cash | Capital | Market | All Types

Thank you for visiting Banking Dictionary website. We are conituning to upadate more Banking terms to Banking Dictionary. Please visit this website usually to get new definitions of Banking terms. We also provide some more dictionaries, you can find out as below:
Medical Dictionary | Law Dictionary | Legal Dictionary | Business Dictionary | Financial Dictionary | Computer Dictionary | Slang Dictionary