subdepository

English

Etymology

From sub- +‎ depository.

Noun

subdepository (plural subdepositories)

1. A depository forming part of a larger depository.
   • 2001, Developing Government Bond Markets: A Handbook, page 276:

     Since many transactions of opposite sign may be involved, the usual approach is to require subdepositories to report daily to the central depository the net movements for each type of security.