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subdepository

Noun CEFR C1

Definitions

A depository forming part of a larger depository.

Examples

“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.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

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