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safekeeping

 
Dictionary: safe·keep·ing   (sāf''pĭng) pronunciation
 
n.

The act of keeping safe or the state of being kept safe; protection.


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The storage of assets or other items of value in a protected area.

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 the items in safekeeping.

Also known as "safekeep".

Investopedia Says:
Individuals who place an asset in safekeeping are also issued a safekeeping receipt. These receipts indicate that the asset of the individual does not become an asset of the institution and that the asset may be returned to the individual upon request. A fee may be required for these services.


 

Storage and protection of a customer's financial assets, valuables, or documents, provided as a service by an institution serving as Agent and, where control is delegated by the customer, also as custodian. An individual, corporate, or institutional investor might rely on a bank or a brokerage firm to hold stock certificates or bonds, keep track of trades, and provide periodic statements of changes in position. Investors who provide for their own safekeeping usually use a safe deposit box, provided by financial institutions for a fee. See also Selling Short Against the Box; Street Name.

 
Translations: Safekeeping
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Dansk (Danish)
n. - sikker opbevaring

Nederlands (Dutch)
(veilige) bewaring

Français (French)
n. - à la garde qn

Deutsch (German)
n. - Aufbewahrung

Ελληνική (Greek)
n. - ασφαλής φύλαξη, διασφάλιση

Italiano (Italian)
custodia

Português (Portuguese)
n. - proteção (f)

Русский (Russian)
хранение

Español (Spanish)
n. - custodia, guarda, depósito

Svenska (Swedish)
n. - förvar, förvaring, säkert förvar

中文(简体)(Chinese (Simplified))
保护, 警卫, 保管

中文(繁體)(Chinese (Traditional))
n. - 保護, 警衛, 保管

한국어 (Korean)
n. - 보관, 호위

日本語 (Japanese)
n. - 保管, 保護

العربيه (Arabic)
‏(الاسم) وقايه, حمايه‏

עברית (Hebrew)
n. - ‮שמירה במקום בטוח‬


 
 

 

Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved.  Read more

 

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