depositary depositary  /də ˈpɑ zɪ ˌtɛ ri/

Definition(s):

  • (n) a facility where things can be deposited for storage or safekeeping

Synonym(s)

Usage(s):

  • You need a way to let big financial institutions, whether they're depositary institutions or not, fail.

News

  1. Icahn Enterprises Announces Pricing of Depositary Unit Offering

    NEW YORK -- Icahn Enterprises L.P. ("Icahn Enterprises") today announced that its registered public offering of 1.6 million depositary units representing limited partner interests in Icahn Enterprises, ...
    on June 12, 2013     Source: GlobeNewswire via Yahoo! Finance

  2. Icahn Enterprises announces depositary unit offer representing limited partners

    Icahn Enterprises announced a registered public offering of depositary units representing limited partner interests. Credit Suisse, UBS Investment Bank and Jefferies are acting as the joint book-running ...
    on June 12, 2013     Source: Theflyonthewall.com via Yahoo! Finance

  3. Deutsche Bank Appointed as Successor Depositary Bank for the Level I American Depositary Receipt Program of United ...

    Deutsche Bank today announced its appointment as the successor depositary bank for the Level I American Depositary Receipt program of United Utilities Group PLC (United Utili
    on June 11, 2013     Source: Business Wire via Yahoo! Finance

Quotes

  1. "As we expand our international profile by offering ADRs, we want the support of the most experienced depositary bank," said Jon von Tetzchner, chief executive officer of Opera Software. "The US is a strategically important market for Opera...
    on Dec 15, 2008 By: Jon Stephenson von Tetzchner Source: SYS-CON Media

  2. In a letter to William C. Jarvis in 1820, Thomas Jefferson wrote, "I know (there is) no safe depositary of the ultimate powers of society, but the people themselves; and if we think them not enlightened enough to exercise their control with...
    on Aug 15, 2004 By: Thomas Jefferson Source: American Daily

  3. "We have owned stock in America Movil and India's Bharti Airtel [traded in India with no American depositary receipts] for more than two years," said Ellenbogen, who rarely replaces more than one major telecom holding each year. "In emerging...
    on Oct 1, 2007 By: Henry Ellenbogen Source: Allentown Morning Call

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