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custody
(redirected from custodies)

    Also found in: Dictionary/thesaurus, Legal, Wikipedia, Hutchinson 0.02 sec.
custody
A safekeeping service that a financial institution provides for a customer's securities. For a fee, the institution collects dividends, interest, and proceeds from security sales and disburses funds according to the customer's written instructions.
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The company custodies more than $210 billion in assets on behalf of 3,100 RIAs and 170 bank trust and TPA firms, as of June 30, 2006.
Fidelity and SunGard Launch Integrated Service for Brokerage and ... by Business Wire
Albridge will help combine "rep of record" investment data with accounts where a client custodies with third-parties.
Albridge Solutions Chosen by Blue Vase Securities for Data ... by Business Wire
c) Shareholders that utilize fiduciary custodies will have dividends and interest on capital credited according to the Stock Exchange procedures.
Natura Announces Dividends and Interests on Capital by Business Wire
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