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Answer in one sentence. Who is depositor? - Secretarial Practice

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Question

Answer in one sentence.

Who is depositor?

One Line Answer
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Solution

A depositor is a person who subscribes to the deposits of a company.

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Precautions to Be Taken by the Secretary While Corresponding with Depositors
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Chapter 8: Correspondence with Depositors - Exercises [Page 125]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 8 Correspondence with Depositors
Exercises | Q 1 H) 1. | Page 125

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.

Depositors provide ______ Capital to the company.


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b) Rate of Interest on Deposits 2) Evidence of ownership
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Return on investment on deposit.


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Instrument for payment of interest on deposit.


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Deposit is a long term source of capital.


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Depositors are entitled to receive dividend.


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Explain the following term/concept.

Depositor


Explain the following term/concept.

Deposit


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