« Back to Glossary Index

It is a financial instrument where the assets or the cash are held by a third party while a seller and a buyer complete a deal. The escrow accounts come into play where there is probable uncertainty over if the other party or another will be able to meet the terms of a transaction. These are widely used in intellectual property, banking, acquisitions, mergers, and crypto transactions over the last decade.

« Back to Glossary Index

Check Also


Filecoin (FIL) Gain Slows During The Crypto Crash Session Today

« Back to Glossary IndexThe crypto market has again started the week in the red. …