Supply the precise financial register term that correctly completes the sentence below.
Cevap:During the commercial property transaction, the buyer placed the deposit into an 【escrow】 account held by a neutral third party until all contractual conditions were satisfied.
Cevap
escrow
The term 'escrow' refers specifically to a financial agreement in which a neutral third party holds funds or property on behalf of transacting parties until all specified conditions of the contract are met.
Adım Adım Çözüm
Anahtar Kavram
Occupational and Specialized Registers (Banking and Finance)
Tahmini Süre:1m 0s