deposit-promoter
|de-pos-it-pro-mot-er|
🇺🇸
/dɪˈpɑːzɪt prəˈmoʊtər/
🇬🇧
/dɪˈpɒzɪt prəˈməʊtə/
encourages deposits
Etymology
'deposit-promoter' originates from English, specifically the compound of the word 'deposit' and the word 'promoter', where 'deposit' ultimately comes from Latin 'depositum' meaning 'something put aside' and 'promoter' comes from Latin 'promovere' meaning 'to move forward or advance'.
'deposit' came into English via Old French/Latin (Latin 'depositum' → Old French 'deposer'/'deposit' → Middle English 'deposit'); 'promoter' derived from Latin 'promotor'/'promovere' through Old French and Middle English to modern English 'promoter'. The compound 'deposit-promoter' is a modern English formation combining these two nouns.
Initially the roots referred to the act of placing something aside ('deposit') and the agent who moves something forward ('promoter'); combined in modern usage they form a literal compound meaning 'an agent who promotes deposits', a specialized occupational/functional term that retains the components' original senses.
Meanings by Part of Speech
Noun 1
a person or organization tasked with encouraging people to place money into bank accounts or other deposit products; a banker or agent whose role is to solicit or attract deposits.
The bank hired a deposit-promoter to attract new customers and grow its savings balances.
Synonyms
Last updated: 2025/11/25 03:07