Електронний багатомовний

термінологічний словник

Electronic Multilingual Terminological Dictionary


Accounting and Auditing

Depository documents

These arrangements provide a fair balance between investment in depositary receipt form and investment through direct shareholdings [Cambridge Dictionary].
The term depository refers to a facility in which something is deposited for storage or safeguarding or an institution that accepts currency deposits from customers such as a bank or a savings association. A depository can be an organization, bank, or institution that holds securities and assists in the trading of securities. A depository provides security and liquidity in the market, use money deposited for safekeeping to lend to others, invests in other securities, and offers a funds transfer system. A depository must return the deposit in the same condition upon request.
Depositories serve multiple purposes for the general public. First, they eliminate the risk of holding physical assets to the owner. For instance, banks and other financial institutions give consumers a place to deposit money into time and demand deposit accounts [Investopedia].

Sources:

Depository. Cambridge Dictionary. Retrieved from: https://dictionary.cambridge.org/dictionary/english/depositary

Kelton Will. (2020) Investopedia. What Is a Depository? Retrieved from: https://www.investopedia.com/terms/d/depository.asp

Part of speech Noun
Countable/uncountable Countable
Type Abstract
Case Nominative