DEPOSITARY

depositary

depositary. 1. A person or institution that one leaves money or valuables with for safekeeping (a title-insurance officer is the depositary of the funds). • When a depositary is a company, it is often termed a safe-deposit company. Cf. DEPOSITORY. [Cases: Deposits and Escrows 13. C.J.S. Depositaries §§ 15–17; Escrows§§ 8–10.] 2. A gratuitous bailee. […]

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depositary

depositary n. 保管人;受托人 其义务是对受托的事物予以合理的注意,并根据要求将管理物返还受托人或按原有信托进行交付。其易与depository相混淆,后者指保管的物理上的场所,但二者在现代用法中区别不大。

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