Depositor

usgb/dɪˈpɑːzɪtər/
noun

A person or organization that puts money or something of value in a bank or similar organization for safekeeping.

I am a regular depositor in my saving account.
Visual representation of "depositor" - A person or organization that puts money or something of value in a bank or similar organization for safekeeping

Often appears as...

  • depositor's account
  • direct depositor
Definition 1 of 3
Visual representation of "depositor"
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Financial Context

Understand 'depositor' is often used in banking and financial settings.

Illustration for Financial Context
The bank clerk thanked the depositor for making a transaction.
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Trust Implied

'Depositor' implies trust in the institution where the assets are placed.

Illustration for Trust Implied
As a depositor, he felt secure with the bank's robust savings program.
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Active Role

The word indicates an active action of depositing rather than passive saving.

Illustration for Active Role
She became a depositor when she opened her first checking account.
Visual representation of the word "Depositor"

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