noun
- places where things are stored or kept for safekeeping
- institutions that hold and safeguard financial securities or documents
Usage: plural of depository
Usage: finance; banking
Examples
- The museum uses several depositories to store its extensive art collection.
- Banks serve as depositories for important financial documents.
- The company maintains depositories in three different cities for security.
- Government depositories house classified materials and records.
- Digital depositories are becoming more common for storing electronic files.
- The library’s rare book depositories require special climate control.
- Financial depositories must follow strict regulatory guidelines.