A person or organization that receives and holds money or valuables belonging to someone else; a custodian or trustee.
From Latin 'depositarium' (a place or person where things are deposited), derived from 'depositum.' The word entered English in the 15th century for legal and banking contexts.
A depositary is legally responsible for keeping your valuables safe—if they lose or steal them, they can be sued, which made this a position of honor and sometimes danger in ancient and medieval times.
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