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noncustodial

7.5

Held and controlled directly by the owner, not by a bank or company

adjective

Specialized

: no custodial

A noncustodial wallet allows users to control their own digital assets without relying on a bank.

Examples

With a noncustodial system, only the owner has access to the funds.
Many people prefer noncustodial accounts for greater privacy and security.
The noncustodial account allows you to manage your assets directly.
He prefers a noncustodial arrangement for his investments.
A noncustodial wallet allows users to control their own digital assets without relying on a bank.
Many people prefer noncustodial accounts for greater privacy and security.
With a noncustodial system, only the owner has access to the funds.

Synonyms

possessory

vsnoncustodial

Specialized

1 8.4

Relating to the legal right to have and control property

is about direct owner control rather than being held by another party

How Custodial

custodial

28 6.4

noncustodial

Specialized

7.5

Surface Forms

noncustodial positive

Morphology

noncustodial = custodial (transparent) = non + custodial

The prefix 'non-' negates 'custodial' to indicate absence of third-party custody or management, a direct compositional relation.

Etymology

Noncustodial comes from non- 'not' and custody 'care or keeping', like in custodian. So a noncustodial wallet means you, not a bank or other keeper, hold and control your own digital assets.