safekeeping

noun — 4 senses

safekeeping

noun

Etymology From safe + keeping.

1

Usually the act of keeping something safe; protection from harm, damage, loss, or theft

2

Usually the storage of assets in a protected area

3

Usually the responsibility of a guardian

4

US, Usually not returning checks; a system wherein banks keep checks (cheques) that people write, rather than returning them to the account holder with their monthly statement.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.