The legal right to take care of something or somebody, especially children.
Used in a Sentence
custodies
Definitions, parts of speech, synonyms, and sentence examples for custodies.
Editorial note
Quite book smart, but zero experience in building a major service that custodies billions in other peoples' money.
Examples15
Definitions4
Parts of speech1
Quick take
The legal right to take care of something or somebody, especially children.
Meaning at a glance
The clearest senses and uses of custodies gathered in one view.
The state of being imprisoned or detained, usually pending a trial.
Temporary possession or care of somebody else's property.
Definitions
Core meanings and parts of speech for custodies.
noun
The legal right to take care of something or somebody, especially children.
noun
The state of being imprisoned or detained, usually pending a trial.
noun
Temporary possession or care of somebody else's property.
noun
(Roman Catholicism) An area under the jurisdiction of a custos within the Order of Friars Minor.
Example sentences
Quite book smart, but zero experience in building a major service that custodies billions in other peoples' money.
Anyone with a significant amount of Bitcoin self-custodies and uses at least one hardware wallet to store their Bitcoin.
When the state does so, you cannot easily leave, and more fundamentally you have a problem: Quis ipsos custodiet custodies?
The only parties with semi-global visibility are prime brokers by definition; they see every position of everyone who custodies with them.
How is it different from any other centralized exchange that custodies bitcoin for the buyer?
A centralised exchange is Binance, which largely operates fully off chain and custodies your assets.
Even when buying puts on a regulated exchange like LedgerX, which custodies all the cash that would pay out on the bet?
But you're using it through a service that uses lightning and custodies your funds?
Maybe it was just to make the phrase closer to custodiet and custodies?
Something that custodies money should be able to give it all back instantly.
Finance PhD here who also administers and custodies my own 401k plan.
FTX is a centralized entity that custodies funds.
Quote examples
The phrasing is very similar to "quis custodiet custodies" - who watches the watchmen - which is a very well known phrase.
"quis custodiet ipsos custodies?" Whoever wants to?
"quis custodiet ipse custodies" (who guards the guards themselves) by Juvenal in the first century seems to be the root cause of so many modern issues - from finance, to politics, to automatic server monitoring.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use custodies in a sentence?
Quite book smart, but zero experience in building a major service that custodies billions in other peoples' money.
What does custodies mean?
The legal right to take care of something or somebody, especially children.
What part of speech is custodies?
custodies is commonly used as noun.