safe-deposit

[seyf-di-poz-it]

adjective

1. providing safekeeping for valuables.

   a safe-deposit vault.

safe-deposit

noun

1. 1. a place or building with facilities for the safe storage of money or valuables

   2. ( as modifier )

      a safe-deposit box

Word History and Origins

Origin of safe-deposit¹

An Americanism dating back to 1775–85

Example Sentences

In previous years, schemes touting investors’ ability to hold IRA-designated gold at home or in a safe-deposit box left customers with six-figure tax bills.

Read more on The Wall Street Journal

They are more likely in that jar of change your grandfather kept, or in your mother’s safe-deposit box.

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Operating from a Victorian mansion just steps from Hyde Park, the company has recently seen a surge of wealthy customers hoping to stuff gold into the hundreds of safe-deposit boxes in its subterranean, steel-encased vault.

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The hush money caught the attention of the federal authorities, leading them in April 2018 to search Cohen’s home and office; a hotel room where he was staying; and a safe-deposit box.

Read more on Seattle Times

The FBI violated people’s constitutional rights when it opened and ‘inventoried’ safe-deposit boxes at a Beverly Hills vault, an appeals court ruled.

Read more on Los Angeles Times