Escrow Agreement

A certificate provided by an approved bank that guarantees the indicated securities are deposited at that particular bank.

For example, an investor who writes a call option and can present an escrow agreement is considered covered. Therefore, the investor doesn't need to meet margin requirements.

Investment dictionary. . 2012.

Look at other dictionaries:

  • Escrow — is a legal arrangement in which an asset (such as cash, real property or other tangible assets) is deposited into safekeeping (e.g., a bank account) under the trust of a neutral third party (escrow agent) pending satisfaction of contractual… …   Wikipedia

  • escrow — I noun conditional deed held in trust, conditional instrument, contingent deed held in trust, entrustment, instrument held until the performance of a condition, written instrument of contingency II index binder Burton s Legal Thesaurus. William C …   Law dictionary

  • escrow — [es′krō΄] n. [OFr escroue, roll of writings, bond < ML scroda < MDu schrot, piece cut off: see SHRED] Law a written agreement or something of value put in the care of a third party and not delivered until certain conditions are fulfilled a… …   English World dictionary

  • escrow contract — Agreement between buyer, seller, and escrow holder setting forth rights and responsibilities of each …   Black's law dictionary

  • escrow — Property or money held by a third party until the agreed upon obligations of a contract are met. Bloomberg Financial Dictionary * * * escrow es‧crow [ˈeskrəʊ ǁ kroʊ] noun [uncountable] LAW 1. when money or Securities related to a business deal or …   Financial and business terms

  • escrow — n. /es kroh, i skroh /; v. /i skroh , es kroh/, Law. n. 1. a contract, deed, bond, or other written agreement deposited with a third person, by whom it is to be delivered to the grantee or promisee on the fulfillment of some condition. 2. in… …   Universalium

  • escrow — 1. noun /ˈɛskɹoʊ/ a) A written instrument, such as a deed, temporarily deposited with a neutral third party (the Escrow agent), by the agreement of two parties to a valid contract. The escrow agent will deliver the document to the benefited party …   Wiktionary

  • escrow — es|crow [ˈeskrəu US krou] n [U] law [Date: 1600 1700; : Old French; Origin: escroue; SCROLL1] money, land, or a written contract, etc that is held by someone who is not directly involved in an agreement while the agreement is being achieved ▪ a… …   Dictionary of contemporary English

  • escrow — / eskrəυ/ noun an agreement between two parties that something should be held by a third party until certain conditions are fulfilled ♦ in escrow held in safe keeping by a third party ♦ document held in escrow a document given to a third party to …   Dictionary of banking and finance

  • escrow — /ˈɛskroʊ/ (say eskroh), /əsˈkroʊ/ (say uhs kroh), /ɛs / (say es ) noun 1. a contract, deed, bond, or other written agreement deposited with a third person, by whom it is to be delivered to the grantee or promisee on the fulfilment of some… …   Australian English dictionary

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