IPA: /dɪˈpɒzɪtəri/
KK: /dɪˈpɑːzɪtɛri/
A person or place where something is kept safe or stored, often for others to use or access later.
The bank acts as a depositary for customers' valuables and important documents.
Depositary → It is formed from "deponere" (meaning to put down or place) and the suffix "-ary" (meaning relating to or connected with). The word "depositary" refers to a person or place where something is put down or stored for safekeeping.
Think of someone who 'places' ('deponere') something in a 'related' ('-ary') location for safekeeping — that's what a depositary does.