Escrow is a legal arrangement in which a third party holds and regulates funds or documents until specified conditions are met. It ensures impartiality in transactions, protecting both buyer and seller. The term also denotes the funds or documents held under such an arrangement. Essentially, escrow creates a safeguarded intermediary step in a deal.
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1:03Derivatives
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0:57Equity
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0:57Escrow
How to Pronounce Escrow
1:02Expenditure
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1:02Fiduciary
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0:59Guarantee
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0:58Guaranty
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Intangible
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1:06Intermediaries
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1:04Intermediary
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