Escrow account: Difference between revisions
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A bank account set up to hold - separately - funds which are owned by another party. | A bank account set up to hold - separately - funds which are owned by another party. | ||
[[Category: | |||
[[Category: | By involving a third party to hold funds for safekeeping, buyers and sellers can feel confident about doing business with each other, | ||
==See also== | |||
* [[Account]] | |||
* [[Custodian]] | |||
* [[Escrow]] | |||
* [[ISDA Master Agreement]] | |||
* [[Offset]] | |||
* [[Third party]] | |||
* [[Trust account]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
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,
