Escrow

Rarity: Common

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At a glance

Class

Notion

Domain

Science and technology

In collections

Nobody has pulled it yet.

What Wikipedia says

An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties.

Excerpt from the Wikipedia article “Escrow”, under the CC BY-SA 4.0 license. Read the article on Wikipedia