#whatdoesdepositorynamemean
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alternativeinvestment · 1 year ago
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Depository Name
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What is a Depository Name? A depository is a financial institution that holds financial securities in dematerialized form. This eliminates the risk of holding physical financial securities and simplifies the trading process. Most depositories receive funding from customer deposits. These institutions can be commercial banks, thrift institutions or credit unions.
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