Escrow Receipt

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Definition: Escrow Receipt

Escrow Receipt
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Full Definition of Escrow Receipt

A certificate which guarantees that the securities underlying an option contract are on deposit and will be delivered in the event that the option is exercised. An escrow receipt is issued by the bank which holds the underlying securities.

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https://payrollheaven.com/define/escrow-receipt/
Modern Language Association (MLA):
Escrow Receipt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/escrow-receipt/.
Chicago Manual of Style (CMS):
Escrow Receipt. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/escrow-receipt/ (accessed: April 20, 2024).
American Psychological Association (APA):
Escrow Receipt. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/escrow-receipt/

Definition Sources

Definitions for Escrow Receipt are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.