Assertion: depository | /r/CapableOf | assume responsibility
Facets:
Source sentences:
text: While custodians merely hold custody of assets and financial securities, depositories go one step further to the services provided by a custodian and assume greater control, liability, and responsibility for the assets they hold.
text: Depositories can delegate custodian tasks to third parties, and if any financial instruments held are lost, the depository is completely liable and must assume full responsibility.
text: • While custodians merely hold custody of assets and financial securities, depositories go one step further to the services provided by a custodian and assume greater control, liability and responsibility for the assets they hold.