|n.||1.||One who makes a deposit, especially of money in a bank; - the correlative of |
|Noun||1.||depositor - a person who has deposited money in a bank or similar institution|
DEPOSITOR, contracts. He who makes a deposit.
2. He is generally entitled to receive the deposit from the depositary, but to this rule there are exceptions; as. when the depositor at the time of making the deposit had no title to the property deposited, and the owner claims it from the depositary, the depositor cannot recover it; and for this reason, that he can never be in a better situation than the owner. 1 Barn. & Ald. 450; 5 Taunt. 759. As to the place where the depositor is entitled to receive his deposit, see Story on Bailm. Sec. 117-120 1 Bouv. Inst. n. 1063.