Outrageously Funny Word Dictionary :: Depositive

👉 A depositor is someone who promises to deposit funds into an account that will be used for a specific purpose, typically in order to obtain the principal amount or other benefits promised. Depositors are often referred to as "depositors" because they provide funds to the bank or financial institution through their deposits. In this context, a depositor can be characterized as someone who has agreed to deposit money into an account and is willing to pay any interest that accrues on the deposited amount. This agreement is

depositive