noun the act of keeping something safe or the state of being kept safe
In real estate transactions, safekeeping may involve holding earnest money deposits in escrow until the completion of a sale.
In legal contexts, safekeeping refers to the act of holding assets or valuables in a secure manner to prevent loss or theft.
In insurance, safekeeping may refer to the responsibility of policyholders to keep their insurance documents safe.
In banking, safekeeping services are offered to clients to securely store important documents, valuables, or assets.
In estate planning, safekeeping involves ensuring that important documents such as wills and trusts are securely stored and accessible when needed.
In the context of a writer, safekeeping may refer to protecting valuable or sensitive information related to their work, such as drafts of manuscripts or research notes.
For a psychologist, safekeeping can involve safeguarding confidential client information and maintaining the privacy of their patients.
A banker may use safekeeping to refer to the secure storage of valuable assets or documents on behalf of clients.
In the legal profession, safekeeping could involve protecting important legal documents or evidence relevant to a case.
An archivist may use safekeeping to describe the preservation and protection of historical documents or artifacts in their care.
For a security guard, safekeeping may involve monitoring and protecting valuable assets or property from theft or damage.