Definition of “custody” - English Dictionary

“custody” in American English

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custodynoun [ U ]

us /ˈkʌs·tə·di/

custody noun [ U ] (CARE)

the right or duty to care for someone or something, as for a child whose parents have separated or died:

The court awarded custody of the child to the mother.

custody noun [ U ] (BEING KEPT BY POLICE)

the state of being kept by the police, usually while waiting to go to court for trial:

The police have taken the suspect into custody.

(Definition of “custody” from the Cambridge Academic Content Dictionary © Cambridge University Press)

“custody” in Business English

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custodynoun [ U ]

uk /ˈkʌstədi/ us

LAW, FINANCE the legal right to manage and look after another person's money, investments, etc.:

Investment advisers with actual custody of clients' funds pose a higher risk to clients.

See also

(Definition of “custody” from the Cambridge Business English Dictionary © Cambridge University Press)