depositor

American  

[dih-poz-i-ter] / dɪˈpɒz ɪ tər /

noun

1. a person or thing that deposits.

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

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depositor British  

/ dɪˈpɒzɪtə /

noun

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

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Other Word Forms

• nondepositor noun

Etymology

Origin of depositor

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

Example Sentences

This is because depositors are migrating savings into higher-yielding term deposits as rate differentials widen, and digital banking has shown increased effectiveness.

From The Wall Street Journal

Uninsured depositors were made whole—no haircuts and no meaningful loss-sharing.

From Barron's

In 2010, there was a dispute between Iceland and the UK over whether Iceland should contribute to compensating UK depositors in the failed Icelandic banks.

From BBC

Taylor was already one of its largest depositors, and the owner of the five-story Taylor Building where the bank leases its headquarters.

From The Wall Street Journal

Net interest revenue, or the spread earned between what it paid out to depositors and what it collected in interest from investments and loans, climbed 25% from the year prior to $3.17 billion.

From The Wall Street Journal