What is CUSTODIAN?

An AGENT that performs various duties on behalf of a client, including holding securities in safe CUSTODY, executing financial transactions under specific instructions, and collecting periodic CASH FLOWS from investments.

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Related Legal Terms
MUTUAL FUND CUSTODIAN, DISCOUNTED CASH FLOW, CASH AVAILABLE TO INVEST, DROIT D’EXECUTION, CASH FLOWS FROM FINANCING ACTIVITIES, LIMIT ORDER, POSITIVE CASH FLOW, DISCRETIONARY ACCOUNT, CASH FLOWS FROM INVESTING ACTIVITIES, NET PRESENT VALUE (NPV)


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