custodian

(redirected from custodianships)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

bailee (custodian)

n. a person with whom some article is left, usually pursuant to a contract (called a "contract of bailment"), who is responsible for the safe return of the article to the owner when the contract is fulfilled. These can include banks holding bonds, storage companies where furniture or files are deposited, a parking garage, or a kennel or horse ranch where an animal is boarded. Leaving goods in a sealed rented box like a safe deposit box, is not a bailment, and the holder is not a bailee since he cannot handle or control the goods. (See: bailment, bailor)

custodian

(Protector), noun champion, curator, guardian, keeper, manager, overlooker, overseer
Associated concepts: custodian of assets, gratuitous custooian
Foreign phrases: Nemo alienae rei, sine satisdatione, deeensor idoneus intelligitur.No one is considered a commetent defender of another's property, without security.

custodian

(Warden), noun caretaker, jailer
See also: administrator, caretaker, executor, fiduciary, guardian, superintendent, trustee, warden