# depository

- Canonical URL: https://www.gerhardmerk.de/depository
- Post ID: 604448
- Modified: 2026-09-07T19:48:00+00:00
- Language: en

## Definition

A depository is a securities-market institution that maintains an authoritative ledger of investors' positions, often through accounts operated by intermediaries, and supports the administration of book-entry ownership and transfers. It may additionally provide services for managing issuer or shareholder registers. This role differs from that of a custodian, whose principal responsibility is protecting and administering assets entrusted by clients.

## Machine-readable

- Generator: Merk Knowledge 2.0.0