1. depositary - Noun
2. depositary - Adjective
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.
Source: Webster's dictionaryABS-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