Depository.md (396B)
1 # Depository 2 3 **Source:** [https://www.investopedia.com/terms/d/depository.asp/](https://www.investopedia.com/terms/d/depository.asp/) 4 5 **Definition:** A depository is an institution that holds securities and assists in their trading. 6 7 Intuitively, if I have 10 tons of wool, it is beneficial for me to trade a certificate of ownership for the wool instead of bringing the actual wool with me.