depositor depositor  /də ˈpɑ zɪ tər/

Definition(s):

  • (n) a person who has deposited money in a bank or similar institution

Usage(s):

  1. When a bill comes to the depositor's home, it is approved, sent to the bank and paid by the bank out of the depositor's funds.
  2. The only loser in the deal appears to be the buddy depositor.
  3. It takes a lien for the few dollars owed and orders the protester's bank to turn over the money, for which some banks charge the depositor $5 to $20.

News

  • Europe Make Cyprus "Bail-In" Regime Continental Template

    Turns out that for Europe, Cyprus was a " bail-in " template after all, and following an agreement reached early this morning, Europe now has a joint failed-bank resolution mechanism. Several hours ago, EU finance ministers announced that they had reached agreement on the principles governing the imposition of losses on creditors in bank 'bail ins'. Having already agreed to establish "depositor ...
    on June 27, 2013     Source: Zero Hedge

Quotes

  1. "If you're a depositor, you're protected by the federal government," Bush said.
    on Jul 15, 2008 By: President Bush Source: FOXNews

  2. In joint declaration they pledged to protect the stability of financial institutions by providing "liquidity support through central banks, action to deal with individual banks or enhanced depositor protection schemes. In Luxembourg, finance...
    on Oct 6, 2008 By: Jean-Claude Juncker Source: Economic Times

  3. "No client or depositor (at Fortis) will end up in problems due to the financial crisis," Leterme told reporters late Sunday after two days of closed-door talks between BNP Paribas and government officials.
    on Oct 6, 2008 By: Yves Leterme Source: Newsweek

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