Financial Dictionary

This dictionary contains:
24549
financial terms

Escrow




Escrow

Property or money held by a third party until the agreed upon obligations of a contract are met.

RELATED TERMS
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Property
A legally owned possession or real estate.

Money
A means of payment, especially coins and banknotes, although some definitions also include bank deposits, checks, etc.

Contract
A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.



SIMILAR TERMS
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Escrow receipt
A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.

Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.



PREVIOUS AND NEXT TERMS
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Erosion
A negative impact on one or more of a firm's existing assets.

Escalator clause
Provision in a contract allowing cost increases to be passed on.

Escheat
Reversion of monies or securities to the state in which the security holder was last known to reside, when no claim by the security holder has been made after a certain period of time fixed by state law.

Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.

Escheatment
The process of turning over unclaimed or abandoned property to a state authority.

Escrow

Escrow receipt
A document provided by a bank in options trading to guarantee that the underlying security is on deposit and available for potential delivery.

Escrowed to maturity (ETM)
Holding of the proceeds from a new bond issue to pay off an existing bond issue at its maturation date.

Estate
European Economic Community.

Estate planning
The preparation of a plan to carry out an individual's wishes as to the administration and disposition of his-her property before or after his-her death.

Estate tax
A federal or state tax imposed on an individual's assets inherited by heirs.

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This dictionary contains 24549 terms.







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