Escrow
in sentence
12 examples of Escrow in a sentence
So the family, as the inner core of CarderPlanet was known, came up with this brilliant idea called the
escrow
system.
The community came up with a solution, called multi-signature
escrow
payments.
The type of system I'm describing, the type of system that survivors want is a type of information escrow, meaning an entity that holds on to information for you and only releases it to a third party when certain pre-agreed upon conditions are met, such as a match.
So if we look at the smartphone example, you could think about
escrow.
Perhaps even in some arrangement that's a little bit like an
escrow
account, where you put land in the
escrow
account and the partner nation takes responsibility for it.
The ICAF would function like an
escrow
account into which the firm pays the funds required for the host country to hire a negotiating team.
The
escrow
account manager then invites the country to select a team, suggesting what skills are required and perhaps even providing a roster of experts.
The country would be free to choose its own team, but the
escrow
account manager, aided by an international advisory board of expert volunteers, would need to agree that it is, in fact, world-class.
In late November, Thomas Griesa, a United States federal judge in New York, ordered Argentina to deposit the $1.33 billion owed to holdouts into an
escrow
account by December 15.
While the required
escrow
deposit is not an actual payment to holdouts, given that the guarantee would be recovered if the appeals court ultimately ruled in Argentina’s favor, it could be considered a contingent payment in violation of the lock law.
Following the model of
escrow
systems that are familiar in real-estate transactions, e-commerce platforms created intermediaries that they hoped would be trusted to collect and hold payments from buyers until delivery of the goods or services had been confirmed.
(Funds intended for Panama were diverted to an
escrow
account established at the Federal Reserve Bank of New York.)
Related words
Account
Would
Required
Country
System
Perhaps
Payments
Manager
Holdouts
Funds
Deposit
Could
Called
While
Which
Where
Volunteers
Violation
Until
Ultimately