Wertpapierdepot

securities custody account

noun VERT-pah-peer-deh-po Rare

Also means

brokerage account

Usage Note

Wertpapierdepot is the account held at a bank or broker where shares, bonds, and funds are safekept. Investors manage their Depot online and pay an annual Depotgebühr for the service.

Examples

"Sie überprüft täglich den Wert ihres Wertpapierdepots."

Natural Translation

She checks the value of her securities account every day.

Literal Translation

She checks daily the value of her securities-depot.

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