depositor

[ dih-poz-i-ter ]

noun

1. a person or thing that deposits.
2. a person who deposits money in a bank or who has a bank account.

depositor

/ dɪˈpɒzɪtə /

noun

1. a person who places or has money on deposit in a bank or similar organization

Other Words From

• nonde·posi·tor noun

Word History and Origins

Origin of depositor¹

1555–65; < Late Latin, equivalent to Latin dēposi-, variant stem of dēpōnere ( depone ) + -tor -tor

Example Sentences

A jury found that Bankman-Fried illegally used money from FTX depositors to cover his expenses, which included purchasing luxury properties in the Caribbean, alleged bribes to Chinese officials and private planes.

From Seattle Times

Negative interest rates — which central banks in some European economies have also applied — mean depositors pay to leave their money with a bank, an incentive for them to spend it instead.

From New York Times

They are generally considered better able to withstand a downturn because of their diversified base of lending and depositors.

From New York Times

As interest rates rose, Silicon Valley Bank and others absorbed huge losses, creating a panic among depositors who scrambled to pull out their money.

From New York Times

Under depositor protection rules, banks must have systems and controls in place to make sure that financial information is logged correctly.

From BBC