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Glossary > S > "Safekeep" Definition

Safekeep

For a fee, bankers will hold in their vault, clip coupons on, and present for payment at maturity bonds and money market instruments.

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Safekeep - For a fee, bankers will hold in their vault, clip coupons on, and present for payment at maturity bonds and money market instruments.

Safekeep : for a fee, bankers will hold in their vault, clip coupons on, and present for payment at maturity bonds and money market instruments.