- Safekeep
- For a fee, bankers will hold in their vault, clip coupons on, and present for payment at maturity bonds and money market instruments. The New York Times Financial Glossary
Financial and business terms. 2012.
Financial and business terms. 2012.
safekeep — holding by a bank of bonds and money market instruments. For a fee, the bank clips coupons and presents for payment at maturity. Bloomberg Financial Dictionary … Financial and business terms
safekeep — … Useful english dictionary
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Safekeeping — 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… … Investment dictionary