safekeep
Word Rarity
Very rare
Frequency: Zipf frequency 0.00 in modern English
17
Scrabble Score
8
Letters
2
Syllables
6
Unique Chars
Meaning
Example Sentences
- "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."
- "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."
Etymology
Back-formation from safekeeping.