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The word "depository" is correct and usable in written English
You can use it to refer to a place used to store items, such as a financial institution, a library, or an archive. For example, "The city library acted as a depository for old books and manuscripts."
Dictionary
depository
noun
A place where something is deposited, as for storage, safekeeping or preservation; a repository.
synonyms
Exact(50)
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.
A successor might want to unbundle it, perhaps spinning off Clearstream, the securities depository, to make Deutsche Börse a more acceptable hub for partner markets.
India's tax agency is scrutinising wheezes including the issuance of global depository receipts—shares that can be traded on multiple markets by fake Indian firms to bring in black money under the guise of investment.
This can involve the listing of foreign shares or depository receipts, alliances to exchange information or technology, or cross-border mergers.
They had countless opportunities to rein in the shadow banking system and chose not to because the most important principle guiding their action was to safeguard the depository.
It chose not to exercise that oversight as long as the rest of the entity was a "source of strength" to the depository.
Similar(10)
Federal and state banking regulators announced in July that they would look at a sample of non-depository mortgage firms when they carry out their checks on consumer-lending standards.The more important question raised by the subprime mess, however, has to do with financial stability rather than consumer protection.
The depository-receipt system in the Netherlands splits economic rights from voting rights and thereby, in effect, enables managers to have voting control without owning any share capital.
Real estate, security and commodity brokerages, non-depository credit institutions, and holding and investment offices were other significant employers.
According to figures from the Depository Trust & Clearing Corporation (DTCC) the number of contracts and the notional value of derivatives on some 60 sovereign borrowers have generally held steady or grown a bit faster than the overall CDS market.But most of this activity remains concentrated on emerging markets like Turkey, Brazil, Russia and Mexico.
The Group of Thirty a think-tank of leading financiers in a report on clearing and settlement, due next year, is expected to favour the American model of a single not-for-profit clearing and settlement counterparty, the Depository Trust & Clearing Corporation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com