safekeeping

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English[edit]

Noun[edit]

safekeeping (uncountable)

  1. the act of keeping something safe; protection from harm, damage, loss, or theft
  2. the storage of assets in a protected area
  3. the responsibility of a guardian
  4. (US) 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.