noun
definition
A person who makes a deposit, especially a deposit of money in a bank
Examples of depositors in a Sentence
The bill also conferred the franchise on holders of a certain amount of stock, on depositors in savings banks, on graduates of universities, and on other persons qualified by position or education.
Emergency assessments, not to exceed 2%, may be made whenever necessary to pay in full the depositors in an insolvent bank; if the guaranty fund is impaired to such a degree that it is not made up by the 2% emergency assessment, the state banking board issues certificates of indebtedness which draw 6% interest and which are paid out of the assessment.
Any national bank may secure its depositors in this manner if it so desires.
During this time he went to London to have formal legislation passed, in order to protect depositors.
Most banks will not allow depositors to draw out less than a fixed sum, say $ 5.00.
Top Intellectual Property Rights and Copyright We ask all depositors to sign the standard AHDS deposit license.
Various access terms The Public Records Act (NI ), 1923, gives PRONI authority to accept records from private depositors.
This group allows users to meet each other and the data depositors.
Whether or not fractional reserve banking was begun with the knowledge of the depositors, it soon became the way most banks did business.
The Freedman's Savings and Trust Company compiled extensive genealogical information on depositors.
The purpose of the FDIC is to protect depositors against the loss of their deposits if their FDIC insured bank or savings association should fail.
The federal law mandates that the FDIC make payments on the insured deposits as soon as possible to depositors.
Depositors would not be able to receive payments on their uninsured deposits until the bank's assets are sold.
Depositors in savings banks represent about twentynine in every hundred persons, and in 1906 the sum deposited amounted to £37,205,000 in the names of 1,152,000 persons.
There was distrust in the minds of the depositors, especially those whose holdings were small, and most of the banks were, at a very early period, subjected to the strain of repaying a large proportion of their deposits as they fell due.
The law provides specifically as to the investment of deposits made in savings banks with the evident purpose of providing the greatest possible security to depositors.
All taxes on savings banks are distributed to the towns in which the depositors reside, the tax on non-resident depositors constituting a Literary Fund which is distributed to the towns on the basis of the number of pupils in each.
The banking system, which retains many features of the Scotch system, on which it was originally modelled, combines security for the note-holders and depositors with prompt increase and diminution of the circulation in accordance with the varying conditions of trade.