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

According to affected depositors, the total funds frozen could amount to tens of billions of yuan from tens of thousands of citizens.

From Quartz

The Central Bank continues to try to soothe investors and depositors’ worries.

From Washington Post

Effectively, this is the gap between what a bank pays to depositors versus the interest rate it charges borrowers.

From Quartz

The Nigerian Deposit Insurance Corporation, a federal insurance agency, protects depositors and guarantees the settlement of insured funds when a financial institution can no longer repay their deposits.

From TechCrunch

The first was a decline in interest rates that shrank the margin between what BofA collects on its loans and what it pays to depositors and savers.

From Fortune

No depositor lost a single penny in insured deposits, despite the worst banking crisis since the early 1930s.

From The Daily Beast

Unless the maker of a note is insolvent, a bank can never pay the unmatured note of a depositor.

From Project Gutenberg

The grain in the elevator may be delivered many times before a particular depositor makes his demand.

From Project Gutenberg

Each depositor thus retains title to some portion of the grain in the elevator.

From Project Gutenberg

That person is to be considered the depositor on whose behalf the deposit is made.

From Project Gutenberg

The Depositor (Payer) is bound before leaving the office to examine the entries sufficiently so as to see that they are correct.

From Project Gutenberg