Safekeeping Certificate


Safekeeping Certificate
A document that represents ownership of a security or certificate of deposit. Safekeeping certificates are the investor's claim against the institution that is holding his or her financial instruments. These documents are most commonly used to facilitate international securities trading and foreign investment; they benefit both the companies and investors who use them.

Depositary receipts are a common example of safekeeping certificates. These documents often represent ownership of securities issued and traded outside the United States. Depositary receipts can be bought and sold like stocks and can help investors diversify their holdings.

Other methods for investing internationally include purchasing U.S.-traded international stocks, purchasing stock in U.S.-based multinational corporations, and investing in international index funds and foreign country mutual funds through U.S. brokerages. When assets are placed with a broker, a safekeeping certificate is issued.


Investment dictionary. . 2012.

Look at other dictionaries:

  • 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

  • deposit — /di poz it/, v.t. 1. to place for safekeeping or in trust, esp. in a bank account: He deposited his paycheck every Friday. 2. to give as security or in part payment. 3. to deliver and leave (an item): Please deposit your returned books with the… …   Universalium

  • Methods of investing in gold — This is a sub article of gold as an investment. Investment in gold can be done directly through ownership, or indirectly through certificates, accounts, spread betting, derivatives or shares.Other than storing gold in one s own safe deposit box… …   Wikipedia

  • Judicial system of the People's Republic of China — For the Ministry of Justice, see Ministry of Justice of the People s Republic of China. People s Republic of China This article is part of the series: Politics and government of …   Wikipedia

  • List of The Dukes of Hazzard episodes — This is a list of episodes for the 1979 1985 CBS action comedy adventure series, The Dukes of Hazzard. Contents 1 Season 1 (1979) 13 episodes 2 Season 2 (1979 1980) 23 episodes 3 Season 3 (1980 1981) 22 episodes …   Wikipedia

  • Island College of Technology — infobox University name= Island College of Technology native name= Kolej Teknologi Pulau motto= Commitment To Excellence established= February 1998 president= Siti Mazenah city= Balik Pulau country= Malaysia state= Penang type= PrivateIsland… …   Wikipedia

  • GDR — Global Depositary Receipt. See American Depositary Receipts. Dresdner Kleinwort Wasserstein financial glossary ( Global Depositary Receipt) Euroclear Clearing and Settlement glossary Also called European Depository Receipt ( EDR). A negotiable… …   Financial and business terms

  • Frédéric Chopin — Chopin redirects here. For other uses, see Chopin (disambiguation). Chopin at 25, by Maria Wodzińska, 1835 Frédéric François Chopin (French pronunciation: [fʁe.de.ʁik ʃɔ.pɛ̃]; Polish: Fryderyk Franciszek Ch …   Wikipedia

  • bank — bank1 /bangk/, n. 1. a long pile or heap; mass: a bank of earth; a bank of clouds. 2. a slope or acclivity. 3. Physical Geog. the slope immediately bordering a stream course along which the water normally runs. 4. a broad elevation of the sea… …   Universalium

  • certified copy — a copy of a document signed and certified that it is a true copy of the original by the official who has custody of the original. Collins dictionary of law. W. J. Stewart. 2001. certified copy …   Law dictionary


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.