Definition
Custody is the stage and practice of knowing who holds an asset, where it sits, and how responsibility transfers. Without custody history, work orders close but the next shift still guesses — and finance and audit cannot trust the floor.
Also called Asset custody
Related on AssetZA
More terms
Keep exploring the Glossary
Frequently asked questions
Is this the full guide?
No. Glossary pages stay short and definitional. Use the related link for the full pillar, comparison, or platform capability.
How is Glossary different from Library?
Glossary defines terms in 40–80 words. Library holds evergreen structured guides you return to for depth.