safekeeping account

Account in which assets are held, also used for reporting, corporate actions, etc.

Euroclear glossary. 2008.

Look at other dictionaries:

  • safekeeping account — Account in which assets are held, also used for reporting, corporate actions, etc. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • legal safekeeping account — ( LSA) Euroclear Clearing and Settlement glossary see securities account Euroclear Clearing and Settlement glossary …   Financial and business terms

  • legal safekeeping account — (LSA) see securities account …   Euroclear glossary

  • nominee account — Nominee accounts are set up by stockbrokers and are used for the purpose of administering assets held on behalf of their clients. Nominee accounts have become widespread since the introduction of the CREST system for share settlement. * * *… …   Financial and business terms

  • Statement of transactions —   An ISO term. A statement which lists the details of all the increases and decreases of holdings which occurred during a specified period in a safekeeping account or in a particular security in that account of the receiver, or the receiver s… …   International financial encyclopaedia

  • LSA — See legal safekeeping account Euroclear Clearing and Settlement glossary …   Financial and business terms

  • Quantity of securities booked —   An ISO term. The classification and quantity of securities posted to a safekeeping account. 3a15d …   International financial encyclopaedia

  • LSA — See legal safekeeping account …   Euroclear glossary

  • deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… …   Law dictionary

  • Custodian bank — Banking A series on Financial services …   Wikipedia

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