Depositor/dɪˈpɑːzɪtər/ Definition 1 of 3Pro Tip 1/3Financial Context Understand 'depositor' is often used in banking and financial settings. The bank clerk thanked the depositor for making a transaction. Pro Tip 2/3Trust Implied 'Depositor' implies trust in the institution where the assets are placed. As a depositor, he felt secure with the bank's robust savings program. Pro Tip 3/3Active Role The word indicates an active action of depositing rather than passive saving. She became a depositor when she opened her first checking account.