Depositor (Noun)
Meaning
A person who has deposited money in a bank or similar institution.
Classification
Nouns denoting people.
Examples
- The bank guaranteed the depositor that their money would be safe and secure.
- As a depositor, she was entitled to a certain amount of interest on her savings account.
- The depositor's account was frozen due to suspicious activity.
- He went to the bank to inquire about the status of his account as a depositor.
- The depositor's identity was verified before the bank allowed them to withdraw their funds.