Physical location of securities or other documents held in safekeeping. The term derives from the large metal tin, or tray, in which brokerage firms and banks actually place such valuables. Depending on rules and regulations concerned with the safety and segregation of clients' securities, certificates held in safekeeping may qualify for stock loans or as bank loan collateral.
Box
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 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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