Difference between Depositary and Depository
What is the difference between Depositary and Depository?
Depositary as a noun is one that receives a deposit in trust while Depository as a noun is a place where something is deposited, as for storage, safekeeping or preservation; a repository.
Depositary
Part of speech: adjective
Definition: Acting as the trusted recipient of a deposit
Part of speech: noun
Definition: One that receives a deposit in trust
A place where deposits are kept
Depository
Part of speech: noun
Definition: A place where something is deposited, as for storage, safekeeping or preservation; a repository.A trustee; a depositary.
We hope you now know whether to use Depositary or Depository in your sentence.
