Safekeep

verb

verb ·Rare ·Advanced level

Definitions

Verb
  1. 1
    To keep safe; to preserve from harm or loss. transitive

    "If a customer wants $1 million of General Motors Acceptance Corporation (GMAC) paper, the bank carries out the transaction between the customer and GMAC and safekeeps the paper for the customer until it matures."

Synonyms

All synonyms
colonial council records

Example

More examples

"If a customer wants $1 million of General Motors Acceptance Corporation (GMAC) paper, the bank carries out the transaction between the customer and GMAC and safekeeps the paper for the customer until it matures."

Etymology

Back-formation from safekeeping.

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