Definitions for safekeepingˈseɪfˈki pɪŋ
Random House Webster's College Dictionary
the act of keeping safe or the state of being kept safe; protection; care; custody.
Origin of safekeeping:
guardianship, keeping, safekeeping(noun)
the responsibility of a guardian or keeper
"he left his car in my keeping"
the act of keeping something safe; protection from harm, damage, loss, or theft
the storage of assets in a protected area
the responsibility of a guardian
not returning checks; a system wherein banks keep checks (cheques) that people write, rather than returning them to the account holder with their monthly statement.