depositor


depositor
One who makes a deposit, particularly one who makes a deposit in a bank whether on open account, special account, or at interest, the term including the holder of a certificate of deposit, but according to some definitions, not the holder of a cashier's check or certified check. Re Citizen's State Bank, 44 Idaho 33, 255 P 300 (statutory definition). A depositor is not the owner of any specific money in the bank. He is simply the owner of a right and credit against the bank. Wright v Holmes, 100 Me 508, 62 A 507. But as used in bank guaranty laws, the word depositor should be taken in its commonly understood sense, and not so as to include creditors generally, who would not in common parlance, be regarded as depositors in a bank. Anno: 111 ALR 229.

Ballentine's law dictionary. . 1998.

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  • depositor — de‧pos‧i‧tor [dɪˈpɒztə ǁ dɪˈpɑːztər] noun [countable] a person or organization that puts money into a bank account so that it can be held there and earn interest * * * depositor UK US /dɪˈpɒzɪtər/ US  / ˈpɑːzəṱɚ/ noun [C] BANKING ► a person or …   Financial and business terms

  • Depositor — De*pos i*tor (d[ e]*p[o^]z [i^]*t[ e]r), n. [L., fr. deponere. See {Depone}.] One who makes a deposit, especially of money in a bank; the correlative of depository. [1913 Webster] …   The Collaborative International Dictionary of English

  • Deposĭtor — (lat.), 1) so v.w. Deponent 1); 2) der Oberpedell auf Universitäten; 3) welcher die Deposition (s.d. 5) leitete, s. u. Buchdrucker …   Pierer's Universal-Lexikon

  • Deposĭtor — (lat.), Deponent, auch Beamter, der Depositen entgegennimmt (s. Verwahrung) …   Meyers Großes Konversations-Lexikon

  • depositor — 1560s, agent noun in Latin form from DEPOSIT (Cf. deposit) …   Etymology dictionary

  • depositor — [dē päz′ət ər, dipäz′ət ər] n. a person who deposits something, esp. money in a bank …   English World dictionary

  • depositor — UK [dɪˈpɒzɪtə(r)] / US [dɪˈpɑzɪtər] noun [countable] Word forms depositor : singular depositor plural depositors someone who pays money into a bank …   English dictionary

  • depositor — indėlininkas statusas Aprobuotas sritis finansų rinka apibrėžtis Fizinis arba juridinis asmuo, laikantis indėlį banke, banko filiale ir kredito unijoje, išskyrus subjektus, kurių indėliai pagal Lietuvos Respublikos indėlių ir įsipareigojimų… …   Lithuanian dictionary (lietuvių žodynas)

  • depositor — deposit ► NOUN 1) a sum of money placed in a bank or other account. 2) a sum payable as a first instalment or as a pledge. 3) a returnable sum paid to cover possible loss or damage. 4) a layer or body of accumulated matter. 5) the action or an… …   English terms dictionary

  • depositor — noun see deposit I …   New Collegiate Dictionary