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“depositary”
depositary (di PAHZ i ter" ee)
The person who receives whatever is to be placed in a safe storage: Henry exercised his functions as a depositary by putting his client's financial documents where they would be secure and readily available when needed.
depository (di PAHZ i tohr" ee)
A facility where things can be placed for storage or safekeeping: Mike placed his money in the bank's night depository.
Each of these terms can correctly be used to refer to a place where something is deposited or left for safekeeping.
A safe deposit box stored in a bank vault is a depository or a depositary.
The term depositary more often refers not to a place for safekeeping, but to a group or even an individual who is entrusted with the preservation of something.
The officers of a bank or the trustees of a museum, for instance, would more likely be depositaries instead of depositories.
This entry is located in the following units:
de-
(page 34)
pon-, posit-, pos-, -poning, -poned, -ponency, -ponent, -ponement, -pound
(page 3)