What does depositor mean?

Definitions for depositor
dɪˈpɒz ɪ tərde·pos·i·tor

This dictionary definitions page includes all the possible meanings, example usage and translations of the word depositor.

Princeton's WordNet

  1. depositornoun

    a person who has deposited money in a bank or similar institution

Wiktionary

  1. depositornoun

    A person who makes a deposit, especially a deposit of money in a bank

Wikipedia

  1. depositor

    A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer (depositor) relationship is one of debtor-creditor. Some banks charge fees for transactions on a customer's account. Additionally, some banks pay customers interest on their account balances.

ChatGPT

  1. depositor

    A depositor is an individual or entity that places or deposits money into a bank or similar financial institution. This money can be deposited into various types of accounts such as savings, checking, or investment accounts. The financial institution then holds the money and can use it for lending or investment purposes, often providing the depositor with interest earnings.

Webster Dictionary

  1. Depositornoun

    one who makes a deposit, especially of money in a bank; -- the correlative of depository

  2. Etymology: [L., fr. deponere. See Depone.]

Matched Categories

Anagrams for depositor »

  1. droopiest

  2. stoopider

How to pronounce depositor?

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Numerology

  1. Chaldean Numerology

    The numerical value of depositor in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of depositor in Pythagorean Numerology is: 4

Examples of depositor in a Sentence

  1. Michael Barr:

    The bank waited too long to address its problems and, ironically, the overdue actions it finally took to strengthen its balance sheet sparked the uninsured depositor run that led to the bank’s failure.

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Translations for depositor

From our Multilingual Translation Dictionary

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"depositor." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/depositor>.

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