escrow agent
Definition
Trusted third-party which holds an asset or document on behalf of a first-party for delivery to a second-party or beneficiary within a specified timeframe or upon the occurrence of a condition or event specified in the escrow agreement.
escrow agent is in the Accounting & Auditing, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
escrow agent appears in the definitions of the following terms: software contract, escrow agreement and escrow
This content can be found on the following page:
http://www.businessdictionary.com/definition/escrow-agent.html
email to a friend
print this definition
cite this definition
link to this page
