safekeeping

/ˈseɪfˌkiːpɪŋ/

NOUN

1. The act of keeping something safe

The act of protecting something from harm, damage, loss, or theft by keeping it in a secure or carefully guarded condition.

1.1. Protection of property and valuables

The practice of protecting possessions, money, documents, or other valuable items from theft, damage, or loss.

Synonyms

Antonyms

Examples

  • She entrusted the family heirloom to the bank for safekeeping.
  • The confidential documents were placed in a secure vault for safekeeping.
  • The old journal was stored in a hidden drawer for safekeeping.

Related Words

  • safekeeping arrangement
  • secure storage
  • safety
  • care
  • shelter
  • supervision

1.2. Storage of assets in a secure place

The arrangement of keeping money, valuables, or other assets in a protected location or under the care of a trusted institution.

Synonyms

Antonyms

  • misplacement
  • loss
  • exposure

Examples

  • She entrusted the family heirloom to the bank for safekeeping.
  • The confidential documents were placed in a secure vault for safekeeping.
  • The precious artifact was handed over to the museum's curator for safekeeping.

Related Words

  • deposit
  • bank custody
  • vault storage
  • asset protection
  • trust

1.3. The responsibility of a guardian

The responsibility or duty of looking after and protecting someone or something entrusted to another person's care.

Synonyms

  • guardianship
  • custodianship
  • custody
  • care
  • supervision
  • guarding

Antonyms

Examples

  • The lawyer held the will in safekeeping until the appropriate time for its revelation.
  • The precious artifact was handed over to the museum's curator for safekeeping.

Related Words

1.4. A banking service for retaining checks

A banking arrangement in which a bank retains checks written by an account holder instead of returning them with the monthly account statement.

Synonyms

  • check retention
  • check custody
  • check storage

Related Words

  • banking service
  • account statement
  • check processing
  • financial records