1. a person who puts money into a bank account

Examples

• The depositor withdrew $500 from her savings account.
• Bank depositors are protected by federal insurance up to $250,000.
• As a new depositor, he received a welcome bonus from the credit union.
• The depositor’s signature was required to open the account.
• Many depositors moved their money to higher-yield accounts.
• The bank sent monthly statements to all depositors.