Match the following terms with the appropriate definition.
Definitions:
Depositary Bank
A financial institution that holds and manages the deposits of securities for its clients and facilitates trading.
Payor Bank
A bank that is responsible for paying the checks or drafts of the person or entity that holds an account with them.
Drawn
Refers to the process of creating or producing something, usually in the context of drafting legal documents or pulling a negotiable instrument like a check.
Endorsement
The act of publicly supporting or approving something, or a legal amendment to a document or agreement, often seen in insurance policies or bank checks.
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