What Is Depository System And Its Functions

All you need to know about Depository System And Its Functions

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What Is Depository System And Its Functions

What is depository? A depository in the stock market is an apex organization or unit in the depository system. A depository’s meaning in the stock market is similar to a bank where depositors or investors can deposit or withdraw money or securities. In this article, we will discuss the features of the depository system and also we will try to discuss what is global depository receipt in this.