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depository

noun

/dɪˈpɒzɪt(ə)ri/

IPA:

Dictionary definition of depository

A place where something is deposited, stored or kept, especially for safekeeping.
"The library's depository contains a vast collection of rare books."

Detailed meaning of depository

It can refer to a variety of things, such as a financial institution, a library, a museum, or a repository of information. In the context of a financial institution, a depository refers to a bank or other financial institution that is authorized to accept deposits, such as savings accounts, checking accounts, and certificates of deposit. In the context of a library or a museum, it refers to a place where books, documents, or artifacts are stored and preserved for future generations. In the context of information, a depository refers to a place where data or knowledge is stored and preserved, such as a database or a digital library. In general, when something is described as a depository, it implies that it is a place where things are stored, preserved, and kept safe.

Example sentences containing depository

1. The library serves as a depository for historical manuscripts.
2. The bank offers a secure depository for valuable items in its vault.
3. The art museum acts as a depository for priceless paintings.
4. The government depository stores important documents and records.
5. The university is a depository of knowledge and research.
6. The data depository houses critical information for the organization.

History and etymology of depository

The noun 'depository' derives its origins from the Latin word 'deponere,' which means 'to put down' or 'to deposit.' A depository, in its contemporary sense, refers to a place or institution where something is deposited, stored, or kept, often for safekeeping or future use. These facilities are commonly associated with the secure storage of valuable items, documents, or assets, such as banks serving as depositories for money and financial assets, or libraries and archives acting as depositories for books, manuscripts, and historical records. The term 'depository' emphasizes the act of putting something away or entrusting it to a designated location, highlighting the sense of trust and security associated with such institutions. Its etymology from 'deponere' underscores the fundamental concept of placing items in a designated location for preservation or safekeeping.

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Further usage examples of depository

1. The national archive is a depository of the country's heritage.
2. The depository box at the post office is a safe place to receive mail.
3. The jewelry store has a depository for customers' precious gems.
4. The depository room is accessible only to authorized personnel.
5. The museum's depository includes artifacts from ancient civilizations.
6. The library serves as a depository for rare books and manuscripts.
7. The historical society maintains a depository of local history.
8. The university's library is a depository for academic publications.
9. The depository bank safeguards valuable assets for its clients.
10. The government agency has a depository for classified documents.
11. The art gallery is a depository of contemporary art pieces.
12. The archaeological depository stores artifacts from excavations.
13. The digital depository contains a vast collection of multimedia.
14. The depository box in the courthouse receives legal filings.
15. The warehouse serves as a depository for surplus goods.
16. The music depository houses rare recordings and scores.
17. The bank offers a depository service for safekeeping of funds.
18. The scientific depository preserves biological specimens.
19. The museum's depository is a treasure trove of cultural heritage.