Definitions

1. noun

A place where something (such as money or goods) is stored or deposited.

“The bank served as a depository for the company’s funds.”

2. noun

A place, such as a library or archive, where documents, records, or other items are stored and preserved.

“The national archive is a depository for historical documents.”

3. noun

A person or organization that holds or manages something, such as a fund or a trust.

“The bank acted as a depository for the trust fund.”