What is Escrow?
Escrow A legal arrangement where a third party holds assets, funds, or documents on behalf of transacting parties until all contractual conditions are fulfilled.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Escrow” Used in Practice?
Funds are held in escrow until both the buyer and seller meet all obligations under the purchase agreement, ensuring transaction security.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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What is Escrow?
A legal arrangement where a third party holds assets, funds, or documents on behalf of transacting parties until all contractual conditions are fulfilled.
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