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English Lexicon

Deposit-holder

/ˈdɛp.zɪtˌhoʊl.dər/
nounCEFR C1 (Advanced)Top #45000 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A person or organization that holds a sum of money or security on deposit, especially under the terms of an agreement or statutory obligation.

    "The real estate agency acted as the neutral deposit-holder for the earnest money during the transaction."
  2. 2

    An institution or individual responsible for safeguarding items or funds deposited by clients until specified conditions are met.

    "As a certified deposit-holder, the bank ensures all collateral remains secure until loan maturity."
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Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term combines 'deposit,' originating from the Latin 'depositum' (something laid down or entrusted), and 'holder,' derived from Middle English 'holden' combined with the agent suffix '-er'. It emerged in legal and financial contexts to denote an entity or person legally entrusted with holding funds, assets, or securities on behalf of another.

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