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Depositors are investors, they're just not equity investors.
by johngladtj 4y ago
Depositors are investors, they're just not equity investors.
- crazygringo 4y agoNo they're not, that's not how the word is defined. You deposit money into a checking account, you don't invest money in a checking account. The same as when you deposit a retainer with a law firm you're not an investor in the firm. Or if you have a security deposit with your apartment's management company you're not an investor in that company. Words have definitions.