Escrow account: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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==See also== | ==See also== | ||
* [[Account]] | |||
* [[Custodian]] | * [[Custodian]] | ||
* [[Escrow]] | * [[Escrow]] | ||
* [[ISDA Master Agreement]] | * [[ISDA Master Agreement]] | ||
* [[Offset]] | |||
* [[Third party]] | * [[Third party]] | ||
* [[Trust account]] | * [[Trust account]] |
Latest revision as of 20:47, 24 September 2022
A bank account set up to hold - separately - funds which are owned by another party.
By involving a third party to hold funds for safekeeping, buyers and sellers can feel confident about doing business with each other,