Safekeeping,

Definition of Safekeeping:

1. Banks obligation to unconditionally hold depositors assets or funds (distinct from its own assets and funds) in its vaults and return them when requested by the depositors.

2. Preservation in a safe place.

3. Safekeeping is storing assets or items of value in a safe area, such as with a custodian or financial institution. Assets placed in safekeeping generally come with a safekeeping certificate. Firms may hold stock or bond securities, physical valuable, or documents in safekeeping, although an investor may also hold their own valuables in safekeeping, possibly renting a safe-deposit box. Custodians generally hold valuables for investors, while a depository can assume additional control, liability, and responsibility for the items.

4. Safekeeping, also known as safe keep, is the storage of assets or other items of value in a protected area. Many individuals choose to place financial assets in safekeeping. To do so, individuals may use self-directed methods of safekeeping or the services of a bank or brokerage firm. Financial institutions are custodians and are therefore legally responsible for any items in safekeeping.

Synonyms of Safekeeping

Protection, Preservation, Safety, Care, Charge, Cold storage, Conservancy, Conservation, Conservationism, Cover, Custodianship, Custody, ■■■■ storage, Defense, Dry storage, Environmental conservation, Eye, Forest conservation, Forest management, Guard, Guardianship, Guarding, Hold, Keep, Keeping, Lee, Maintenance, Preserval, Preservation, Preventive custody, Protection, Protective custody, Refuge, Safety, Salvage, Salvation, Saving, Shade, Shadow, Shelf-room, Shelter, Soil conservation, Storage, Storage space, Stowage, Stream conservation, Support, Sustentation, Trust, Upkeep, Ward, Warehousing, Watchful eye, Water conservation, Wetlands conservation, Wildlife conservation

How to use Safekeeping in a sentence?

1. Shed put her wedding ring in her purse for safekeeping.

Safekeeping,

How To Define Safekeeping?

• A service provided by a bank where securities and securities are stored in bank vaults for customers.

Meanings of Safekeeping

1. Keep it in a safe place.

Sentences of Safekeeping

1. Put the wedding ring in the bag to keep it safe

Safekeeping,

Safekeeping Meanings:

1. Safekeeping can be defined as, A service provided by a bank where securities and securities are kept in a bank vault for customers.

Sentences of Safekeeping

1. The hanger is in your pocket to hold your wedding ring.

Synonyms of Safekeeping

tutelage, surveillance, wardship, trusteeship, supervision

Safekeeping,

Definition of Safekeeping:

The definition of Safekeeping is: Service provided by the bank where securities and securities are kept in the bank vaults for the customers.

Sentences of Safekeeping

1. The hanger is in your pocket to keep your wedding band safe.

Safekeeping

A service provided by banks to store securities and valuables for customers in bank vaults.