depositary

Speech parts

1. depositary - Noun

2. depositary - Adjective

Meaning

One with whom anything is lodged in the trust; one who receives a deposit; -- the correlative of depositor.

A storehouse; a depository.

One to whom goods are bailed, to be kept for the bailor without a recompense.

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Phrases with the word

Derivatives

Examples

ABS-CBN Holdings Corp. holds Philippine depositary receipts (PDRs) before their conversion into common shares in ABS-CBN Corp. The latter owns the ABS-CBN broadcast network. Source: Internet

ADRs are issued by a depositary bank and are traded in the same manner as shares in US companies on the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), Nasdaq and the over-the-counter (OTC) market. Source: Internet

Furthermore, no physical action by ADS holders will be required to effect the ratio change, as the change will be effected on the books of the depositary. Source: Internet

And to close this gap the Windhoek-based Secretariat has developed a SACU statistical database, which according to Moremi shall be the “central depositary for all kinds of economic data.” Source: Internet

Charges of Depositary Viacom will pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. Source: Internet

Chinese hotel operator GreenTree Hospitality Group has sliced its $349.2m IPO of American Depositary Shares (ADS) to just over half the original size. Source: Internet

Close letter words and terms