Sentence examples for depositary from inspiring English sources

The word "depositary" is correct and usable in written English.
It has a few possible definitions, so it can be used in different contexts. For example, you can use it to mean someone who is responsible for taking and guarding something of value. For example: "The depositary was chosen to store the bank's gold in a secure location."

Dictionary

depositary

noun

One who receives a deposit in trust

Exact(60)

Departments and ministries of non-English-speaking countries are lc, eg French ministry of the interior, Iraqi foreign ministry dependant noun; dependent adjective; dependence depositary person; depository place deprecate express disapproval; depreciate reduce in value.

They emphasise that client assets are held by third-party depositary banks, still perceived as safe by the public.

Another major source of portfolio capital inflows has been overseas equity issues of Indian companies via global depositary receipts (GDRs) and American depositary receipts (ADRs).

Under the deal, it will pay $97.55 in shares (or American depositary receipts) for each Lycos share a premium of nearly 80% over the price before bid rumours began.

Today, he and everybody else would get the news almost as it happened.Second, in many countries there has been a shift from banks and other depositary institutions, the traditional focus of financial regulation, to capital markets.

These come in two kinds: depositary receipts traded in New York, and local shares that only Russians can buy.

Dozens more have depositary receipts (special overseas shares) that are traded in London.

Three Egyptian companies have sold depositary receipts abroad, and two more are in the pipeline.

The bank, which is listed in both Mumbai and New York, intends to raise some Rs150bn (US$3.7bn at Rs40.8 US$1) of the new capital in the US via an American depositary receipt (ADR) issue, with the remaining Rs50bn to come through a domestic share offering.

The bonds are technically registered to depositary trusts such as the Depositary Trust & Clearing Corporation DTCCC).

Abraham, "the friend of God," was forevermore the depositary of the promise, the beneficiary of the Covenant, sealed not by the death of Isaac but by the sacrifice of the ram that was offered up in place of the child on Mount Moriah.

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