Subdepository
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Subdepository is a noun meaning A depository forming part of a larger depository.
Meaning
A depository forming part of a larger depository.
Example Sentences
Since many transactions of opposite sign may be involved, the usual approach is to require subdepositories to report daily to the central depository the net movements for each type of security.
Word Forms
- subdepositories
Related Words
Related dictionary entries include subtreasury, subdepot, sub-depot, subdeposit, subrepository, sublibrary.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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