Crowdfunding Resources

Terminology

EquityNet > Crowdfunding Resources > Terminology > Escrow Account

Escrow Account

An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled. Securities, funds and other assets can be held in escrow. 
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