Depositor: meaning, definitions and examples
๐ฆ
depositor
[ dษชหpษzษชtษ ]
banking term
A depositor is an individual or entity that places money in a bank account. This can include personal savings accounts, checking accounts, or time deposits. Depositors trust financial institutions to protect their funds and often earn interest on their deposits.
Synonyms
account holder, investor, saver
Examples of usage
- The depositor withdrew funds from their savings account.
- Many depositors prefer online banking for convenience.
- A deposit insurance protects depositors' money.
- As a depositor, you should monitor your account regularly.
Translations
Translations of the word "depositor" in other languages:
๐ต๐น depositante
๐ฎ๐ณ เคเคฎเคพ เคเคฐเคจเฅ เคตเคพเคฒเคพ
๐ฉ๐ช Einleger
๐ฎ๐ฉ penๅญๅจ
๐บ๐ฆ ะดะตะฟะพะทะธัะฐั
๐ต๐ฑ depozytariusz
๐ฏ๐ต ้ ้่
๐ซ๐ท dรฉpรดt
๐ช๐ธ depositante
๐น๐ท depozit sahibi
๐ฐ๐ท ์๊ธ์
๐ธ๐ฆ ุงูุฑุงุนู
๐จ๐ฟ depozitant
๐ธ๐ฐ depozitant
๐จ๐ณ ๅญๆฌพไบบ
๐ธ๐ฎ depozitar
๐ฎ๐ธ innstรฆรฐumaรฐur
๐ฐ๐ฟ ะดะตะฟะพะทะธัะฐั
๐ฌ๐ช แแแแแแแขแแ แ
๐ฆ๐ฟ depozit
๐ฒ๐ฝ depositante
Etymology
The term 'depositor' originates from the verb 'deposit', which comes from the Latin 'depositum', meaning 'something placed or laid down'. The evolution of banking in the Middle Ages saw the concept of placing money into safekeeping by a bank or treasury develop into the modern understanding of deposits. This shift highlighted the growing trust between individuals and financial institutions, leading to the need for terminology that encapsulated this relationship. In the 19th century, as banking became more formalized and accessible, the role and rights of depositors were further solidified, with legal protections emerging to safeguard their deposits. Thus, the term has continued to carry significance as a key element in the financial industry, reflecting the trust and economic activity of individuals and businesses in their interactions with banks.
Word Frequency Rank
With rank #15,040, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.
- ...
- 15037 propped
- 15038 grieve
- 15039 unilaterally
- 15040 depositor
- 15041 neutralized
- 15042 replica
- 15043 schizophrenic
- ...