The system by which money documents, personal property, or real property is held in trust for another party by a disinterested third party until the terms and conditions of the escrow instructions are completed or terminated.
Other terms explained in the Business Loans Glossary
Business Loans Glossary: Escrow
Business Loans Glossary: Escrow
YES
NO
Main Page
Article Id: 72 - Version: 3 - Created: 25-02-2008 - Last Updated: 26-03-2008 - Hits: 273
Categories: Glossary
Related Items
Comments
No comments yet!