The SI derived unit for volume is the cubic meter. 1 cubic meter is equal to 1000000 cc, or 33814.0225589 fluid ounce. Note that rounding errors may occur, so always check the results.Use this page to learn how to convert between cubic centimeters and ounces.he SI derived unit for volume is the cubic meter. 1 cubic meter is equal to 1000000 cc, or 33814.0225589 fluid ounce. Note that rounding errors may occur, so always check the results.
What is a 'Custodian'. A custodian is a financial institution that holds customers' securities for safekeeping to minimize the risk of their theft or loss. A custodian holds securities and other assets in electronic or physical form. Since they are responsible for the safety of assets and securities that may be worth hundreds of millions or even billions of dollars, custodians generally tend to be large and reputable firms.
Pledged Asset. An asset that a borrower transfers to the possession of a lender as collateral for a loan. The borrower maintains ownership and all associated rights of the pledged asset.When the loan is repaid, the lender transfers possession back to the borrower.he pledged asset reduces the risk to the lender that the borrower will default, therefore possibly qualifying the borrower for some benefit, such as a lower interest rate. When buying a house, some mortgage borrowers will pledge an asset, such as stock, to the lender to qualify for a lower down payment.