safekeep

English

Etymology

Back-formation from safekeeping.

Verb

safekeep (third-person singular simple present safekeeps, present participle safekeeping, simple past and past participle safekept)

(transitive, chiefly finance) To keep safe; to preserve from harm or loss.
- 1983, Marcia L. Stigum, ‎Rene O. Branch, Managing bank assets and liabilities
  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.
- 2003, Federal Reserve Bank of New York Economic Policy Review
  During the mid-1960s, Federal Reserve officials focused on developing institutional arrangements that would facilitate the conversion to book-entry form of definitive securities already safekept at Reserve Banks; they did not address the possibility of a larger system.

单词	safekeep
释义	safekeep English Etymology Back-formation from safekeeping. Verb safekeep (third-person singular simple present safekeeps, present participle safekeeping, simple past and past participle safekept) (transitive, chiefly finance) To keep safe; to preserve from harm or loss. 1983, Marcia L. Stigum, ‎Rene O. Branch, Managing bank assets and liabilities 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. 2003, Federal Reserve Bank of New York Economic Policy Review During the mid-1960s, Federal Reserve officials focused on developing institutional arrangements that would facilitate the conversion to book-entry form of definitive securities already safekept at Reserve Banks; they did not address the possibility of a larger system.
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