- Escrow Account
- A secure account where funds or assets are held by a third party until certain conditions are fulfilled.
- Intermediary
- A neutral party that manages the escrow account and oversees the transaction process.
- Contingency Conditions
- Specific requirements that must be met before the assets in escrow can be released.
- Escrow Agent
- The individual or entity responsible for managing the escrow account and ensuring that terms of the agreement are met.
- Settlement
- The final stage in the escrow process where assets or funds are transferred to the appropriate party after all conditions are met.
- Trust Account
- Another term for an escrow account, emphasizing the fiduciary nature of holding funds or assets in trust.
- Escrow Agreement
- A contract outlining the terms and conditions of the escrow arrangement, including the roles and responsibilities of the parties involved.
- Good Faith Deposit
- Funds or assets provided upfront to demonstrate commitment to completing the transaction.
- Release Conditions
- Criteria specified in the escrow agreement that must be fulfilled for the assets to be released from escrow.
- Transaction Security
- Measures and processes in place to ensure the safety and confidentiality of assets held in escrow.
- Escrow Instructions
- Detailed directions given to the escrow agent on how to handle the funds or assets during the escrow period.
- Escrow Holdback
- A portion of funds or assets held in escrow to cover potential future obligations or claims.
- Mediation
- A process of resolving disputes that may arise during the escrow period, involving an impartial third party.
- Beneficiary
- The party entitled to receive the assets or funds from the escrow account once all conditions are satisfied.
- Escrow Term
- The duration or period during which the assets or funds remain in escrow.
- Private Stock Transfer
- The process of using escrow services to manage the transfer of privately held shares or securities.
- Earn-Out Provisions
- Terms included in an escrow agreement related to the future performance of a business or asset.
- Subscription Escrows
- Escrow arrangements specifically for managing funds related to investment subscriptions.
- Broker-Dealer Services
- Services provided to facilitate transactions between buyers and sellers in the securities market using escrow.
- Private Placement Offerings
- Investment opportunities in private securities where escrow services may be used to manage investor funds.