Commercial agreements & supporting documents · Working

Escrow agreement

Also called: escrow arrangement

ELI5

A contract appointing a neutral holder of money, documents, code or assets pending conditions.

Used in conversation

“The draft mentions escrow agreement, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Escrow agreement” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches commercial agreements & supporting documents.

Why it matters: In commercial agreements & supporting documents, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.