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.

Related Terms: 13 Certificate, Contract, ECU, Escrow, Escrow receipt, Exercise, FICA, Guarantee, Option, Option contract, Receipt, SEC, Sue

Other Related Pages: Category: Trading Starting With: E

Additional Related Terms: 10-K, Agent bank, At par, At best, At call, American Depositary Receipt, At risk, Add-on service, Adhesion contract, As is