Definitions for "Depositary"
A bank providing all the stock transfer and agency services in connection with a depositary receipt program, including issuing the negotiable receipts which represent ownership of the underlying shares, maintaining the register of holders to reflect all transfers and exchanges, distributing dividends in US dollars, arranging for a custodian to accept deposits of ordinary shares, and settling broker trades.
JPMorgan Chase Bank, as depositary under the deposit agreement pursuant to which the ADRs are issued
Responsible for overseeing the fund manager's activities in relation to an OEIC*. Usually a large bank, the depositary must be independent of the fund manager where the fund is authorised by the Financial Services Authority. It acts in the interests of the investors, owning the investments in the fund on their behalf. It also ensures that the fund is invested according to its investment objectives and that the manager complies with the regulations. The unit trust* equivalent is known as the trustee*.
The depositary of the European treaties is the Secretary-General of the Council of Europe. He/she receives and transmits all the States’ notifications related to the life of the treaties: signatures, ratifications, acceptances and accessions, reservations and declarations, etc. He/she is the guardian of the treaties.
The depositary is the guardian of the treaty. It receives and transmits all the countries' notifications and communications related to the life of the treaty: signatures, ratifications, accessions, reservations, declarations, etc. Generally, the negotiators designate a depositary in the treaty text. Exceptionally, the depositary may be designated in some other manner, such as through a separate decision adopted by the negotiating countries.
A storehouse; a depository.
Depository institution Depository Institutions Deregulation and Monetary Control Act
Depository institution Depository Trust and Clearing Corporation
One with whom anything is lodged in the trust; one who receives a deposit; -- the correlative of depositor.
One to whom goods are bailed, to be kept for the bailor without a recompense.
A corporate agency established to safekeep customer securities in its nominee name. Depositaries simplify securities trading by immobilising the securities and by offering book entry settlement between participants.