what is escrew account?

Accounting
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what is escrew account?.................................................................................................................................................................

Feb 16th, 2015

A financial instrument held by a third party on behalf of the other two parties in a transaction. The funds are held by the escrow service until it receives the appropriate written or oral instructions or until obligations have been fulfilled. 

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Feb 16th, 2015

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Feb 16th, 2015
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Feb 16th, 2015
Dec 4th, 2016
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