Definitions for "ESCROW AGREEMENT"
An agreement to allocate funds to be set aside in a special account to guarantee payments that occur after settlement.
A written document that sets up an escrow between (usually) three parties.
The certificate provided by an approved bank that guarantees that the indicated securities are on deposit at that bank. An investor who writes a call option and can present an escrow agreement is considered covered and does not need to meet margin requirements.
Keywords:  three, seller, way, contract, buyer
a three-way contract agreed on by the buyer, seller and escrow service
a three-way contract between the buyer, the seller and the escrow company