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custodian - 6 dictionary results

cus⋅to⋅di⋅an

[kuh-stoh-dee-uhn]
–noun
1. a person who has custody; keeper; guardian.
2. a person entrusted with guarding or maintaining a property; janitor.

Origin:
1775–85; < L custōdi(a) watchman (see custody ) + -an


cus⋅to⋅di⋅an⋅ship, noun
cus·to·di·an   (kŭ-stō'dē-ən)   
n.  
  1. One that has charge of something; a caretaker: the custodian of a minor child's estate; the custodian of an absentee landlord's property.
  2. A janitor: worked nights as custodian of a high school.
cus·to'di·an·ship' n.

Custodian

Cus*to"di*an\ (k?s-t?"d?-an), n. [From Custody.] One who has care or custody, as of some public building; a keeper or superintendent.
Language Translation for : custodian
Spanish: guardián,
German: der Aufseher,
Japanese: 管理人

Custodian

A financial institution that has the legal responsibility for a customer's securities. This implies management as well as safekeeping.

Also known as "custody".

Investopedia Commentary

There are additional fees associated with this special attention.

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Related Links

Brokers and Online Trading
Understanding Dishonest Broker Tactics
Fee-Based Brokerage: The Latest Target For Regulators

See also: Broker, Custodial Account, Custody-Only Trading, Safekeeping


custodian

An organization, typically a commercial bank, that holds in custody and safekeeping someone else's assets. These assets may be cash, securities, or virtually anything of value.


Main Entry: cus·to·di·an
Function: noun
: an individual entrusted with guarding and keeping property or having custody of a person: as a : the warden of a prison b : a person given custody of a child by court order c : a person named to manage a child's property under the Uniform Transfers to Minors Act d : a person or entity appointed by a bankruptcy court to take charge of the debtor's property for purposes of administration —cus·to·di·an·ship noun
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