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Depositary |
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Depositary An agent appointed for a Tender or Exchange Offer who accepts certificates from shareholders, processes them and assures that the appropriate cash or new securities are properly remitted to the tendering party. Depositary 1. A person entrusted with something of value, especially an agent in an exchange offer. The depositary in this sense acts as a go-between for the persons or firms making a transaction, ensuring that all securities and/or cash are given to the appropriate recipients. 2. A person or firm who keeps assets or securities on behalf of a client; for example, a bank. See also: Depository. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Dependent Dependent Care Credit Dependent Expemption dependent variable Depletion Deposit insurance deposit note Depositary Depositary bank depositary receipt depository Depository institution Depository Institutions Deregulation and Monetary Control Act Depository preferred Depository receipt |
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