Escrow generally describes funds being held by a third party on behalf of two parties to a transaction. These funds are held in Escrow until certain obligations have been fulfilled. Securities and other assets can also be held in Escrow.
Escrow generally describes funds being held by a third party on behalf of two parties to a transaction. These funds are held in Escrow until certain obligations have been fulfilled. Securities and other assets can also be held in Escrow.