One who makes a deposit, particularly one who makes a deposit in a bank whether on open account, special account, or at interest, the term including the holder of a certificate of deposit, but according to some definitions, not the holder of a cashier's check or certified check. Re Citizen's State Bank, 44 Idaho 33, 255 P 300 (statutory definition). A depositor is not the owner of any specific money in the bank. He is simply the owner of a right and credit against the bank. Wright v Holmes, 100 Me 508, 62 A 507. But as used in bank guaranty laws, the word depositor should be taken in its commonly understood sense, and not so as to include creditors generally, who would not in common parlance, be regarded as depositors in a bank. Anno: 111 ALR 229.

Ballentine's law dictionary. . 1998.

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